The federal government and the International Monetary Fund (IMF) have expressed divergent views on the subject of rising debt and taking loans from foreign sources......
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IMF ranks Nigeria second worst in the world in use of sovereign wealth fund. The International Monetary Fund has ranked Nigeria as the second worst country in the world in the use of sovereign wealth funds....
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The International Monetary Fund says Nigeria’s economy will expand a little faster than its earlier projection.
In the World Economic Outlook report released on Tuesday at the ongoing spring meetings of the IMF and World Bank Group, the fund said Nigeria’s economy will grow by 2.1% in 2019, an...
Nigeria’s Debt Management Office (DMO) has released the Public Debt Data for the year-ended 2018. The report which includes data on the composition of Public Debt Data, also provided a breakdown of the....
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Nigeria’s economy is recovering, the International Monetary Fund has said, giving President Muhammadu Buhari’s economic initiatives a pat on the back.
“Executive Directors welcomed Nigeria’s ongoing economic recovery, accompanied by reduced inflation and strengthened reserve buffers,” the …...
The presidential aspirant and the former vice president of Nigeria, Atiku Abubakar has just released his plans for the country if elected as president in the year 2019, here is the full statement...
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The federal government yesterday insisted that Nigeria was not in any way near a debt crisis. Also, as part of efforts to enthrone transparency in the....
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Godwin Emefiele, governor, Central Bank of Nigeria (CBN), has said maintaining stable exchange rate to avoid depreciation of the naira is better than building foreign reserve buffers......
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The Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, Thursday advised the federal government to fix the country’s ailing refineries so as to enhance.....
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The International Monetary Fund (IMF) has raised Nigeria’s Gross Domestic Product (GDP) projection for 2019 to 2.3 per cent, up from the 1.9 per cent it had predicted for the country previously.
The fund stated this in its....
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The International Monetary Fund on Friday approved the fourth installment of a $12 billion, three-year loan for Egypt, bringing the total released to date to just over $8 billion.
The IMF board approved the latest $2 billion....
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THE possibility of yet another round of systemic failure in the banking industry, raised recently by the Nigerian Deposit Insurance Corporation, calls for....
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Though Nigeria may not be considered a low-income economy and her debt stock of which is between 20 and 23 per cent of Gross Domestic Product (GDP), is still very low by …
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