IMF

Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has advocated stronger economic ties with the Middle East and the Nigerian diaspora community in the region. Cardoso spoke on Monday at a meeting with Assistant Governor for…
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The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, says the organisation is strongly in support of the economic reforms introduced in Nigeria under President Bola Tinubu. Speaking on X on Thursday,…
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Independent National Electoral Commission (INEC), Former Chairman Prof. Attahiru Jega, on Wednesday warned Nigeria against taking all the advice of the Bretton Woods institutions, especially the World Bank and the International Monetary…
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The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has confirmed that the federal government plans to raise Value Added Tax (VAT) to 15%, but clarified that the increase would primarily affect luxury goods. …
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The International Monetary Fund (IMF) has warned the Nigerian government to remove what it called implicit fuel and electricity subsidies. In a report published recently by the IMF, the organisation told Nigeria that the subsidies would…
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The IMF executive board confirmed Friday that it had reappointed Kristalina Georgieva to serve for a second five-year term at the helm of the international financial institution. It means that Georgieva, who was the sole candidate in…
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Only 24 percent of loans collected by farmers under the anchor borrowers’ programme (ABP) of the Central Bank of Nigeria(CBN) have been repaid, International Monetary Fund (IMF) said. With this , it indicates that 76 percent of the loans…
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The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to extend the February 10 deadline for the use of old naira notes if the difficulties in getting new notes persist. Ari Aisen, IMF’s resident…
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Ghana’s inflation rate rose to 50.3 percent in November, up from 40.4 percent in October — the highest rate since 2004. Ghanaian Government Statistician, Samuel Kobina Annim, announced this on Wednesday at a news conference. The…
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The Central Bank of Nigeria (CBN), has unveiled activities to mark the first anniversary of its digital currency, the eNaira. The News Agency of Nigeria (NAN), reports that the eNaira, which is Africa’s first Central Bank Digital Currency…
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