Tag: IMF

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Africa’s Rising Debt Profile May Constrain Growth Potential- IMF

Africa’s Rising Debt Profile May Constrain Growth Potential- IMF

Seeks Investment-Debt Sustainability Balance The International Monetary Fund (IMF), on Monday urged African nations to tackle the issue of rising ...
AfDB Restates Support For Nigeria’s Economic Reforms, Diversification

AfDB Restates Support For Nigeria’s Economic Reforms, Diversification

Contrary to widely circulated report the previous day, the African Development Bank (AfDB), on Tuesday “categorically” refuted news credited to AfDB V...
Naira Exchange Rate Liberalization Key To Nigeria’s Growth Outlook- UBS

Naira Exchange Rate Liberalization Key To Nigeria’s Growth Outlook- UBS

Despite the improvement in its creditworthiness on the back of higher commodity prices, stronger economic outlook, Michael Bolliger, Head of Emerging ...
Nigeria Foresees 2.2% GDP Growth, Faster Than IMF’s Outlook

Nigeria Foresees 2.2% GDP Growth, Faster Than IMF’s Outlook

Nigeria and the International Monetary Fund disagree over how much the economy will grow this year, with the government saying 2.2% and the Fund optin...
IMF Projects 0.8% Growth For Nigeria’s Economy, As Risks Persist

IMF Projects 0.8% Growth For Nigeria’s Economy, As Risks Persist

The International Monetary Fund said on Wednesday restated belief that Nigeria could emerge from recession this year, with its economy growing by 0.8%...
South Africa’s Economy Slips Into Recession, Contracts By 0.7%

South Africa’s Economy Slips Into Recession, Contracts By 0.7%

For the second consecutive quarter, Statistics South Africa said on Tuesday that the economy recorded negative growth, contracting by 0.7% in the firs...
Tinubu Optimistic, As Oando Nets N1.7bn Q1 Profit, Cuts Debt by 29%

Tinubu Optimistic, As Oando Nets N1.7bn Q1 Profit, Cuts Debt by 29%

Group Chief Executive of integrated energy giant- Oando Plc, Wale Tinubu, at the weekend gave shareholders hope for a better year end, given the signi...
Adeosun At W’Bank Spring Meetings, Seeks Support FG’s Economic Agenda

Adeosun At W’Bank Spring Meetings, Seeks Support FG’s Economic Agenda

The Minister of Finance, Mrs. Kemi Adeosun, is currently attending the World Bank and International Monetary Fund (IMF) Spring Meetings in Washington ...
NSE Indices Close Lower On Profit Booking In Petroleum Stocks, Blue-Chips

NSE Indices Close Lower On Profit Booking In Petroleum Stocks, Blue-Chips

Market Update for April 11 (By Ambrose Omordion) The Nigerian stock market indices suffered another steep loss again to close lower as highly capit...

UBA Eyes Operations In Six More African Countries

• Says 2016 Forex Revaluation Gains Sustainable Apparently encouraged by results of its diversification into African countries in recent years, the...
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