Tag: International Monetary Fund
Africa still needs $44bn to fight coronavirus pandemic ―WB, IMF
The World Bank and the International Monetary Fund (IMF) said on Friday Africa needs $44 billion more to fight the coronavirus pandemic despite a...
Why Nigeria does not qualify for IMF debt relief – Minister
The minister of finance, budget and national planning, Mrs. Zainab Ahmed has said that Nigeria was considered for the debt relief granted by the...
IMF approves 6 months debt relief for 25 indigent countries
The International Monetary Fund approved $500 million on Monday to cancel six months of debt payments for 25 of the world's most impoverished countries...
IMF appoints Okonjo-Iweala member of external advisory group
The former Nigerian minister of finance and coordinator of the economy, Dr. Ngozi Okonjo-Iweala, has been named a member of the external advisory group...
Nigeria approaches IMF, others for $6.9bn loan
The minister of finance, budget and national planning, Mrs. Zainab Ahmed said yesterday that Nigeria would raise about $6.050 billion from the International Monetary...
IMF begins search for Lagarde’s successor
Christine Lagarde will resign from the International Monetary
Fund on September 12 as she awaits final word on her nomination to the
presidency of the European...
Dr. Sidi Mohammed must be having links with Boko Haram –...
Ime Akpan
The Nigerian Army has denounced Dr. Sidi Mohammed for
comparing Nigerian soldiers’ N1, 000 daily allowance Boko Haram fighters’ N1m ($3,000)
saying he may the...
CBN disagrees with governors on recession alarm
The Central Bank of Nigeria (CBN) has faulted the alarm
raised by governors that the economy may relapse into recession by the middle
of next year.
It...
Fuel subsidy stays for now —minister
The minister
of finance, Mrs. Zainab Ahmed has said there is no plan by the federal
government to remove fuel subsidy in the immediate future.
Ahmed who
stated...
FG will phase out fuel subsidy gradually –Minister
Apparently reacting to the recent World Bank report on
Nigeria spending N731 billion on inflated petrol subsidy in 2018, the minister
of finance, Mrs. Zainab Ahmed...
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