Tag: IMF
Tinubu Applauded By IMF As Naira Records First Closing Gain
The naira on Friday recorded its first closing gain of N39/$1 at the Investors and Exporters (I&E) window following the Central Bank’s (CBN’s) unification...
IMF Report: Nigeria’s Inflation Index Outdated, Biased
The International Monetary Fund has said the index weights and basket deployed by the National Bureau of Statistics for the monthly consumer price index...
It’s Time To Allow Banks Control Dollar Rates, IMF Tells CBN
The International Monetary Fund (IMF) has asked the Central Bank of Nigeria (CBN) to allow commercial banks to determine dollar buy-sale rates to boost...
How Nigeria’s External Debt Rose To $40bn Under Buhari
Nigeria’s total external debt has risen from $10.32bn on June 30, 2015, to $40.06bn as at June 30, 2022.
This shows that there has been...
IMF Identifies How Rate Hikes Is Shrinking Real Estate Investments
Tighter financial conditions, such as interest rate hikes have affected commercial property prices by making it more expensive for investors to finance new deals...
IMF To FG, Others: Fix Weak Labour Market
The International Monetary Fund has warned Nigeria and other emerging economies to promptly repair their weak labour markets and severe schooling disruptions to prevent...
Emefiele Says CBN’s Now Ready To Deepen Payment System Via Enaira
The Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele, has said central banks across Africa and other parts of the world...
Emefiele Explains Why CBN Can’t Float Exchange Rate
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that despite calls and recommendations by the International Monetary Fund, the World...
Cryptocurrency Ban: CBN Secures IMF’s Support
The International Monetary Fund (IMF) has confirmed that some crypto currencies were being used for money laundering and drug trafficking.
This confirmation from the IMF...
Nigeria Gets IMF’s Backing On Border Closure
Nigeria has received the backing of the International Monetary Fund (IMF) on the closure of its borders with some neighbouring countries over issues bordering...
