Tag: IMF
IMF Chief Says Avoiding New Form Of Protectionism key To Robust...
Washington, - Kristalina Georgieva, International Monetary Fund (IMF) Managing Director on Thursday said the world has to avoid...
IMF Boss Urges Support For Poorest Countries
Abuja, - Kristalina Georgieva, Managing Director, International Monetary Fund (IMF) has called on the international community to support...
IMF, South Sudan In Pact For Emergency Funds Of $112.7 mln
NAIROBI - The International Monetary Fund and South Sudan have reached a staff-level agreement for the release of about $112.7 million in...
Will Ghanaian President survive this storm? By Azu Ishiekwene
Not so long ago, he was the poster boy of what looked like an African renaissance. Ghana’s President Akufo-Addo didn’t only know what to...
IMF Talks Will Not Lead To A Debt Haircut- Ghana President
Accra, - Ghanaian President said talks with the International Monetary Fund were going well and reassured investors that negotiations would...
IMF Announces Operationalisation Of Facility To Help Vulnerable Countries Meet Challenges
By Okeoghene Akubuike
Abuja, - Ms Kristalina Georgieva, Managing Director, International Monetary Fund (IMF), has announced the operationalisation of the Resilience and...
IMF Calls For Faster Reforms Before Inking Aid Deal With Lebanon
Beirut, - The International Monetary Fund (IMF) says it is ready to sign a final agreement with Lebanon at the...
CBN to introduce USSD code to improve eNaira
By OKEOGHENE AKUBUIKE
ABUJA- The Central Bank of Nigeria (CBN), says it is set to introduce the Unstructured Supplementary (USSD) code as part of steps...
Fuel Subsidy: Labour Fumes As IMF Warns FG Against Fresh Borrowings
The Nigerian Labour Congress and the Trade Union Congress have accused the International Monetary Fund of decieving the country.
This comes as the International...
IMF Executive Board seeks reforms in Nigeria’s fiscal and governance areas
By SEGUN FATUASE
The Executive Board of the International Monetary Fund (IMF) has concluded the Article IV consultation with Nigeria, noting the recovery of the...
IMF attributes Nigeria’s economic recovery to govt policy support
International Monetary Fund (IMF) says the Nigerian economy is recovering from a historic downturn benefitting from government policy support, rising oil prices and international...
Crypto assets may displace local currencies in developing countries — IMF
The International Monetary Fund has said some emerging markets and developing economies face immediate and serious risks of currency substitution by crypto assets.
The IMF...
Global Economy: IMF Governors Approve US$650bn SDR Allocation of Special...
By Chibuike Nwabuko
Abuja (Sundiata Post) - To boost global liquidity as the world economy faces unprecedented crisis, the Board of Governors of the...
Nigerians exceed IMF’s 30% dollar deposits threshold
Dollar deposit by Nigerians in banks has exceeded the 30 per cent threshold approved by International Monetary Fund (IMF), a Central Bank of Nigeria...
World Bank to address Nigeria, poor countries’ debt overhang
The President, World Bank Group, Mr David Malpass, said the group is working actively in collaboration with the International Monetary Fund on the common...
COVID-19: $601m Airlines’ Revenue Blocked In 17 African Countries
The International Air Transport Association (IATA) has expressed worry over the trapping of $601 million airlines’revenue blocked in 17 African countries since the onset...
IMF increases Nigeria’s 2021 economic growth forecast
The IMF also projected that in sub-Saharan Africa, growth will strengthen to 3.4 per cent in 2021, 0.2 per cent higher than the previous...
IMF excludes Nigeria from debt relief
Nigeria has been excluded from the list of 28 countries granted debt pardon by the Executive Board of the International Monetary Fund (IMF).
The Board...
IMF attributes Nigeria’s social protest to economic difficulties
The International Monetary Fund (IMF) has attributed the recent Nigeria’s social protest, (EndSARS) to economic difficulties, saying that conditions in Nigeria for the last...
Nigeria’s GDP to decline to -5.2%- IMF
The International Monetary Fund (IMF) has downgraded Nigerian’s economic outlook or GDP in the 2020 fiscal period to -5.4 percent.
The IMF in April 2020...