COVID-19: IMF approves $3.4bn emergency support for Nigeria
The Executive Board of International Monetary Fund (IMF) has approved US$3.4 billion in emergency financial assistance to support Nigeria in addressing economic impact of COVID-19 […]
IMF
COVID-19: NLC calls for inclusion of Nigeria in IMF, World Bank debt relief
The Nigeria Labour Congress (NLC) has called on the International Monetary Fund (IMF) and World Bank to include Nigeria in the beneficiary list for the […]
COVID-19: IMF predicts recession for sub-Saharan Africa in 2020
Sub-Saharan Africa’s gross domestic product is expected to contract 1.6 per cent this year, compared with 3.1 per cent growth in 2019, as the coronavirus […]
Okonjo-Iweala becomes member, IMF External Advisory Group
Nigeria’s former Minister of Finance, Dr Ngozi Okonjo-Iweala, has been appointed as a member of the International Monetary Fund (IMF’s) External Advisory Group. Kristalina Georgieva, […]
IMF forecasts worst global economic slump since the Great Depression
The coronavirus pandemic will spark the worst global economic fallout since the Great Depression of the 1920s and 1930s, the International Monetary Fund (IMF) warned […]
2020 budget: FG seeks $3.5bn loan from IMF, AfDB to support implementation
The Federal Government says it has applied for $3.5 billion request from International Monetary Fund (IMF) and African Development Bank (AfDB) to access concessional funding […]
90 countries seek emergency funds as world economy stands still – IMF
More than 90 countries have asked the International Monetary Fund (IMF) for emergency funding as the coronavirus pandemic has led to an unprecedented economic crisis, […]
IMF approves framework for borrowing arrangements
The International Monetary Fund (IMF) Executive Board has approved a framework for a new round of bilateral borrowing by the IMF from Jan. 1, 2021. […]
Coronavirus fallout: IMF cuts Italy’s growth estimate to minus 0.6% for 2020
The International Monetary Fund (IMF) has cut its growth estimate for Italy from 0.4 per cent of gross domestic product (GDP) to minus 0.6 per […]
AfDB chides World Bank President’s comments on Africa’s debt profile
By Abdallah el-Kurebe The African Development Bank, AfDB, has chided several recent media reports, attributed to the World Bank President, David Malpass, that some multilateral […]
Insecurity: AfDB wants World Bank, IMF to provide financial support for Nigeria, others
The African Development Bank (AfDB) has appealed to International Monetary Fund (IMF) and World Bank to work out a financial support system for Nigeria and […]
IMF says trade tensions can shave off 0.8% of global GDP
The International Monetary Fund’s (IMF) chief on Thursday warned that trade tensions and resulting uncertainties could shave off 0.8 per cent of global Gross Domestic […]
Health alert: Participant at IMF/World Bank forum diagnosed with chickenpox – Official
A participant at the recent International Monetary Fund/World Bank Annual Meetings held in Washington DC, United States, has been diagnosed with chickenpox. The Secretary of […]
IMF: Uba Sani harps on Nigeria’s place in global economic outlook
Senator representing Kaduna Central, Uba Sani, on Tuesday at this year’s International Monetary Fund World Economic Outlook session, harped on the role of Nigeria on […]
IMF removes age limit for position of managing director
The International Monetary Fund (IMF) has approved the removal of the age limit for the position of IMF managing director, paving the way for Kristalina […]
Southern European candidates pull out of race to head IMF
Portuguese and Spanish candidates have pulled out of the race to head the International Monetary Fund (IMF). Candidates from Bulgaria, Finland and the Netherlands are […]
IMF executive board begins selection process for next MD
The Executive Board of the International Monetary Fund (IMF) has adopted an open, merit-based, and transparent process for the selection of the next managing director, […]
Lagarde resigns as IMF MD
Ms Christine Lagarde, the Managing Director, International Monetary Fund (IMF), has resigned, the fund says. The Executive Board of the fund said this in a […]
EU working to replace Lagarde at IMF, official says
The EU wants to have an agreed European candidate to replace Christine Lagarde at the helm of the International Monetary Fund (IMF), a senior EU […]
Fuel subsidy removal will do Nigeria more harm than good — Expert
Mr Tunde Olatunji, an expert in Development Economy and Finance, has urged the Federal Government not to remove fuel subsidy as suggested by the International […]
IMF’s Lagarde says China’s Belt, Road should only go where is needed
China’s massive Belt and Road infrastructure programme should only go where it is needed and where the debt it generates can be sustained, International Monetary […]
The debt profile, IMF and the Federal government, By Salisu Na’inna Dambatta
#TrackNigeria: Refreshing the memories of Nigerians before discussing the views of the International Monetary Fund (IMF) on Nigeria’s public debt of N24.837 trillion and fears […]
Ahmed, Emefiele join other world economic experts at IMF/World Bank meetings
The Minister of Finance, Mrs Zainab Ahmed and the Governor, Central Bank of Nigeria, Mr Godwin Emefiele, will join other economic experts from around the […]
IMF cuts global growth outlook, cites trade war, weak Europe
The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets. […]
Post-PMB: Can Arewa confront its underbelly? By Aminu Imam
Although the futuristic question of: “After PMB, what next for Arewa?” may sound simply far-fetched, in reality, it is not. When President Muhammadu Buhari (PMB) […]