IMF
CBN Deputy Gov. Obiora not arrested by DSS, under interrogation for clarifications by Obazee Panel – PSN investigation
“Two other Deputy Governors – Mrs Aishah Ahmad and Mr Edward L. Adamu are being interrogated by the panel’’ Contrary to reports, the...
FG challenges Supreme Court’s ruling on Feb.10 deadline on old banknotes
"The case is not a dispute between the federation and the state governments, but merely an issue about CBN’s policy" -- Malami
Inflation: Use money spent on petrol subsidy to support vulnerable households, IMF advises FG
In a bid to cushion the effects of food shortages and inflation triggered by flooding and climate change, the International Monetary Fund (IMF)...
Foreign Investment Network (FIN) hosts International Banking on Emerging Markets Forum in Washington DC, U.S. Oct. 14
In a bid to chart a path for emerging economies in Africa, Foreign Investment Network (FIN) is organizing FIN International Banking on Emerging...
Risk of recession is rising says IMF boss Kristalina Georgieva
The International Monetary Fund (IMF) managing director Kristalina Georgieva has warned of rising recession risks as the lender downgrades its growth forecast for next year...
Nigeria’s debt hits unsurpassed N41.6trn amid scheduled borrowing for 2023 budget
With the frightening debt profile of Nigeria over shooting N41.60 trillion incurred as of March 2022 amid plans to borrow more trillions to...
Inflation: Ghanian Govt approves 15% cost of living allowance for public workers
In a bid to cushion the effects of inflation, the Ghanian Government has introduced a 15 percent cost of living allowance (COLA) for...
In Lebanon, economic meltdown worsens as inflation hits 215% in February
Inflation in Lebanon soared an annual 215 per cent in February as the country’s economic meltdown worsens and talks with the International Monetary...
Nigeria’s economy: Remove subsidy, raise VAT now, IMF tells FG
Amid high inflation rate, grueling economic situation and high food and goods prices, the Buhari administration is under pressure to...
Global debt surged to $226 trillion in 2020, says IMF
Global debt soared to $226 trillion in 2020, the largest one-year debt surge since the Second World War, the International Monetary Fund said. “Debt...
Nigeria’s currency, the Naira, is overvalued, says IMF
The International Monetary Fund (IMF) says Nigeria’s currency, the Naira is overvalued at the official market by about 18.5 per cent, advising...
Economy: Why we print more money to finance FG’s budget, by CBN Governor
The Central Bank of Nigeria (CBN) has come out to explain why it is printing more money to finance the Federal Government’s...
IMF warns of record debt levels
The International Monetary Fund is set to revise upward its forecast for the global economy in 2020 following better-than-expected growth in...
IMF approves Nigeria’s $3.4bn emergency loan
The International Monetary Fund (IMF) on Tuesday approved $3.4 billion emergency support for Nigeria to address the severe impact of the...
World Bank, IMF call on bilateral creditors to suspend debt payments from poor countries
The World Bank Group and International Monetary Fund, with immediate effect, have called on all official bilateral creditors to suspend debt payments...
Obiora’s Deputy Governor’s appointment: Commendation, laudatory remarks and cheers for Pres. Buhari
The profile of President Muhammadu Buhari further burgeoned on Thursday, Jan. 16 with the appointment of a world-class Economist and Statistician,...
