Tag: IMF

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IMF Projects 2.0% 2019 GDP Growth For Nigeria In Latest Global Outlook

IMF Projects 2.0% 2019 GDP Growth For Nigeria In Latest Global Outlook

The International Monetary Fund (IMF), on Monday released its 2019 World Economic Outlook (WEO), projecting that Nigeria’s Gross Domestic Product (GDP...
Nigeria’s Foreign Reserves Falls 5.21% To $41.99bn In October

Nigeria’s Foreign Reserves Falls 5.21% To $41.99bn In October

Data on the website of the Central Bank of Nigeria (CBN) on Thursday showed a $2.309bn drop in foreign reserves in the first 30 days of October, 2018....
Nigeria’s Reserves Slips To $43bn, Sheds 2.94% In 15 Days

Nigeria’s Reserves Slips To $43bn, Sheds 2.94% In 15 Days

Nigeria’s foreign reserve pool continued its steady decline, falling to $43.002bn on Monday, October 15, 2018, according to data on the website of the...
IMF To Help Nigeria, Others Improve Debt Management Capacity

IMF To Help Nigeria, Others Improve Debt Management Capacity

Following its worry about rising debts levels among low income and emerging market countries of the world, including Nigeria and other fellow African ...
Africa’s Borrowing From China Rises To $190bn Since 2000

Africa’s Borrowing From China Rises To $190bn Since 2000

China's President Xi Jinping, on Monday pledged a new $60bn facility in the form of aid, investment and loans to Africa, amidst lingering concerns ove...
CBN Publishes 2017 Financials, Nets N70.17bn Income

CBN Publishes 2017 Financials, Nets N70.17bn Income

The Central Bank of Nigeria (CBN), on Tuesday published its audited financials for the year ended December 31, 2017, showing a 29.19% rise in total in...
IMF Task Nigeria, Others On Tax Revenue, Public Spending, Jobs, As China Shoots Global Debts To $164tr

IMF Task Nigeria, Others On Tax Revenue, Public Spending, Jobs, As China Shoots Global Debts To $164tr

A new report Global Debt Database, by the International Monetary Fund (IMF) wants nations across the globe to put in place automatic stabilizers like ...
Nigeria Received $22.3bn Remittances In 2017- IFC

Nigeria Received $22.3bn Remittances In 2017- IFC

A new report by the International Finance Corporation (IFC) says Nigeria received remittances amounting to $22.3bn, or 5.6% of its Gross Domestic Prod...
S&P Upholds Nigeria’s ‘B/B’ Rating On Rising Oil Prices, Production FX Policy

S&P Upholds Nigeria’s ‘B/B’ Rating On Rising Oil Prices, Production FX Policy

• Seeks ‘Significant Fall In Fiscal Deficits’ Just soon after a team from the International Monetary Fund (IMF) urged the Central Bank of Nigeria ...
Nigeria’s Forex Market Get Further $210m Intervention

Nigeria’s Forex Market Get Further $210m Intervention

Contrary to advise by the International Monetary Fund (IMF) in a recent report, the Central Bank of Nigeria (CBN) on Tuesday, March 6, 2018, said it i...
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