The International Monetary Fund (IMF) has advised the Nigeria government to remove fuel subsidy and direct the money to the provision of social amenities for the country. Christine Lagarde, Managing Director of IMF, gave the advice during a press conference at the ongoing joint annual spring...
The Managing Director, International Monetary Fund, Christine Lagarde, has called on the Federal Government to remove fuel subsidy, saying it is the right thing to do.
Addressing a press conference on Thursday at the on-going joint annual spring meetings with the World Bank in Washington DC...
An American Airlines plane with International Monetary Fund (IMF) Managing Director …
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The European Union will launch a raft of retaliatory tariffs against US exports on Friday, a top official has said.
The move comes after US President Donald Trump...
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The International Monetary Fund on Wednesday proffered options to sustain Nigeria’s economic recovery, warning that despite exiting recession recently, the country’s economy remained vulnerable to shocks.
After contracting for five consecutive quarters since January 2016, the National Bureau of...
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The President of the World Bank Group, Jim Yong Kim, said on Thursday that the bank had concentrated on the northern region of Nigeria in line with President Muhammadu Buhari’s request.
Kim and the Managing Director, International Monetary Fund, Christine Lagarde, who spoke at separate press...
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A special court made up of members of parliament and magistrates announced the guilty verdict on Monday in Paris.
But it also said Lagarde won't be fined, serve any jail time, or receive a criminal record.
Lagarde had been accused of giving preferential treatment to...
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The International Monetary Fund, IMF has announced to offer an interest free loan to Nigeria and other countries having economic difficulties, but Nigeria, with its huge need of a interest free loan, is having none of it.
Related- Recession: IMF Offers Zero Interest Loan to Nigeria
Reports...
The international monetary fund, IMF, has offered a zero interest loan to Nigeria and other nations with economic woes in a bid to help them out of their economic quagmire.
"Despite signs of recovery and resilience in some economies, global growth continues to disappoint, with the expected...
An appeal court has ruled that Christine Lagarde, the head of the International Monetary Fund, will stand trial over a state payout to the French tycoon Bernard Tapie.
She is charged with negligence over the award to Mr Tapie of €404m ($445m; £339m) in 2008 when she was France's economy...
The International Monetary Fund, IMF, has welcomed the decision by the Central Bank of Nigeria to abandon its currency peg and adopt a flexible exchange rate policy.
According to IMF spokesman Gerry Rice, the move was important to reduce fiscal and external imbalances in Nigeria's economy.
"I...
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The Managing Director of the International Monetary Fund, Christine Lagarde, has stated that the organization remains available for Nigeria whenever the country needs financial assistance from it.
“The IMF remains available to all its members; so, the moment we are asked to help, we’ll do the...
Femi Falana, a senior advocate of Nigeria, says Christine Lagarde, managing director of the International Monetary Fund (IMF), lacks the moral integrity to recover Nigeria’s loot locked in foreign countries as she is facing more in her home country.
“The managing director of the International...
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Managing Director of the International Monetary Fund, Christine Lagarde, has rejected a loan application from African giants Nigeria.
This is because of the country's potential for an economic rebound, Economy Watch says.
The Muhammadu Buhari-led administration in December announced such...
According to Managing Director of the International Monetary Fund, IMF, Nigerian banks are at a great risk.
She warned that the prevailing uncertainty in the oil and gas industry could plunge the Nigerian financial system into crisis.
“Growth in 2015 is estimated at about 3.2 percent, its...
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