Tag: IMF

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Comments By W’Bank President On Africa’s Debt Profile Misleading, Inaccurate, Says AfDB

Comments By W’Bank President On Africa’s Debt Profile Misleading, Inaccurate, Says AfDB

Contrary to a recent claim by President of the World Bank Group, David Malpass, the African Development Bank (AfDB), on Thursday debunked allegations ...
Confirm New CBN Deputy Gov, NCC Chair, NCAA DG, Buhari Urges Senate

Confirm New CBN Deputy Gov, NCC Chair, NCAA DG, Buhari Urges Senate

•Explains Delay In Reconstituting NDDC Board Fresh from a six-week recess, the Senate, on Tuesday, received requests from President Muhammadu Buhari ...
Georgieva, Replaces Lagarde As IMF Boss, Pledges To Help Nations Minimize Risk Of Crisis

Georgieva, Replaces Lagarde As IMF Boss, Pledges To Help Nations Minimize Risk Of Crisis

Kristalina Georgieva, was on Wednesday confirmed by the 24-member Executive Board representing the IMF’s 189-member countries, as Managing Director an...
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 ...
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