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IMF Warns Nations To Curb Rising Debts, Protect Economic Resilience.

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The International Monetary Fund (IMF) has urged world governments to ensure the autonomy of their central banks and build stronger economic institutions to sustain global financial stability.....KINDLY READ THE FULL STORY HERE▶

Speaking at the Civil Society Town Hall Programme during the ongoing World Bank/IMF Annual Meetings in Washington, D.C., IMF Managing Director Kristalina Georgieva emphasized the importance of institutional strength and debt reduction for long-term growth.

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According to Nivo News, Georgieva downplayed the current impact of U.S. tariffs on global economies, explaining that the effect has lessened compared to earlier this year. She noted that the private sector has shown significant resilience, which signals an overall improvement in global economic performance.

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“The impact of tariffs is not as dramatic as we feared. U.S. tariffs are lower today than they were last April,” she said, adding that many countries’ decisions not to retaliate have helped protect international trade.

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Georgieva acknowledged that rising debt remains a major challenge, urging countries to “grow out of debt” through policies that foster sustainable development and reduce economic vulnerability. She emphasized the need for joint global efforts to support recovery and resolve the ongoing debt crisis.

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Reflecting on economic progress over the past decades, the IMF boss highlighted that while the average standard of living has improved, deep inequalities and social discontent persist. “Many people, especially the young, are taking their disappointment to the streets—from Lima to Rabat, Paris to Nairobi—demanding better opportunities,” she said.

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Georgieva further noted that the global economy is performing “better than feared, but worse than needed,” explaining that despite earlier forecasts of a potential U.S. recession, many advanced and emerging markets have remained resilient.

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She added that the upcoming World Economic Outlook report would show only a slight slowdown in global growth, crediting improved policy fundamentals, the adaptability of the private sector, moderated tariff effects, and supportive financial conditions for sustaining economic resilience.

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According to Nivo News, the IMF chief maintained that maintaining independent central banks and solid economic institutions remains crucial to navigating current global uncertainties and sustaining recovery.

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Umar Sani: PDP Convention Remains Valid, Court Did Not Nullify It.

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A senior Peoples Democratic Party (PDP) leader, Umar Sani, has clarified that the Court of Appeal did not annul the party’s national convention.....KINDLY READ THE FULL STORY HERE▶

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Speaking on news, Sani explained that the court merely upheld the lower court’s judgment and did not prohibit the convention from taking place.

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He said the lower court had only issued conditions that needed to be met before the convention, stressing that nowhere in its judgment was the convention banned.

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“The Court of Appeal did not nullify the convention. What the court did was uphold the judgment of the lower court, and that judgment was issued before the convention,” Sani said.

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He added, “The lower court only set conditions for us to fulfill before holding the convention. Nowhere did it say the convention should not be held. There was no directive that we must conduct congresses in 14 states, put our house in order, notify INEC, and then hold the convention.”

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Regarding the next legal steps, Sani stated, “If the court claims that we didn’t hold a convention, we will challenge that at the Supreme Court because we believe it is not the court’s business to intervene in internal leadership matters within a political party.”

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Nigerian Air Force Strikes Terrorists’ Trucks, Logistics In Sambisa.

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The Nigerian Air Force (NAF) has conducted precision air strikes in the Sambisa general area, destroying four gun trucks and several logistics assets belonging to terrorist groups.....KINDLY READ THE FULL STORY HERE▶

The operation, carried out on Wednesday, March 11, 2026, also resulted in the neutralisation of numerous insurgents, the service confirmed on Thursday.

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Air Commodore Ehimen Ejodame, Director of Public Relations and Information for the NAF, stated that the successful strikes were guided by credible intelligence and continuous surveillance of terrorist activities in the area.

“The strikes disrupted the adversary’s operational mobility and reinforced the effectiveness of intelligence-driven airpower in support of ongoing security efforts,” Ejodame said, noting that the operation significantly weakened the insurgents’ capabilities.

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The air strikes are part of ongoing military operations under Operation Hadin Kai, aimed at combating insurgency and restoring stability across Nigeria’s North-East region.

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The operation follows a reaffirmation by the Chief of the Air Staff, Air Marshal Sunday Kelvin Aneke, of the Air Force’s commitment to maintaining decisive air superiority in the theatre of operations. According to Aneke, sustained aerial dominance is critical to consolidating the gains achieved by security forces in the fight against terrorism.

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Meanwhile, Air Vice Marshal Precious Amadi, Chief of Operations at NAF Headquarters, conducted a visit to the NAF Base in Maiduguri, Borno State, to assess the readiness of personnel and equipment. During the visit, he reviewed the operational environment and received briefings from the Air Component and the 105 Composite Group, which highlighted the base’s preparedness for high-tempo joint operations alongside other security agencies.

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Engagements were also held with the Theatre Command Headquarters of Operation Hadin Kai to strengthen air-ground coordination. Air Vice Marshal MC Ekwueme, Air Officer Commanding Tactical Air Command, also visited the base to boost the morale of deployed personnel.

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Commenting on the operation, Air Marshal Aneke reiterated the NAF’s commitment to sustained aerial operations against insurgent groups. He emphasized that coordinated air and ground operations are vital in shaping the battlefield and limiting hostile movements.

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“The NAF remains focused on maintaining persistent air presence, delivering precision effects, and supporting joint forces to consolidate hard-won gains toward lasting peace and stability,” Aneke said.

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Why We Did Not Ask Taiwo Oyedele To ‘Take A Bow And Go’ – Akpabio.

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The President of the Senate, Godswill Akpabio, has explained why Minister-designate of State for Finance, Taiwo Oyedele, was not asked to “take a bow” during his screening.....KINDLY READ THE FULL STORY HERE▶

Bandits Kill Five Security Operatives, Burn Patrol Vehicle in Katsina

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