international monetary fund

https://economicconfidential.com/2020/03/nigeria-is-sliding-back-to-recession/

https://www.newtelegraphng.com/sp-downgrades-nigerias-credit-rating-on-fx-reserves/ Get more: Nigeria Business News

The 2019 Financial Access Survey (FAS) results of International Monetary Fund (IMF) have revealed that bank financing of Small and Medium-sized Enterprises (SMEs) remains subdued, stagnant at about six per cent of GDP over the past five years in many low and middle-income countries. The...

The Executive Board of the International Monetary Fund (IMF) on Wednesday submitted a recommendation to its Board of Governors to consider removing the age limit for the Managing Director’s position. Since 1951, the IMF’s by-laws prohibited the appointment of a candidate aged 65 or above as...

The officials of the Central Bank of Nigeria (CBN), the International Monetary Fund (IMF) and financial experts, in Lagos, yesterday, differed on the controversial issue of multiple exchange rates and its implications for the economy. The Senior … Read more via The Guardian Nigeria News –...

Kenya is on course to renewing its $1.5 billion standby credit facility with the International Monetary Fund after signing a deal with selected banks to release close to Ksh1 trillion ($10 billion) in loans to the private sector despite the prevailing rate caps. This … Read more via AllAfrica...

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...

Washington DC – The International Monetary Fund (IMF) has cautioned Nigeria and other developing countries from taking loans from China due to unfavourable loan conditions. Christine Lagarde, IMF President and Zainab Ahmed, Minister of Finance Mr Tobias Adrian said this on Wednesday during the...

THE International Monetary Fund said that the global banking system could lose about $350 billion to cyber-attacks. IMF Managing Director, Christine Lagarde disclosed this while making the call for better regulation of the banking system as a requirement for building a safer, more … Read...

Manufacturers Association of Nigeria, MAN, Lagos Chamber of Commerce & Industry, LCCI, and other stakeholders in the private sector have called on the Federal Government to expand tax net and jettison any advice to increase Value Added Tax, … Read more via Vanguard News –...

The International Monetary Fund, IMF, yesterday urged Nigeria to urgently review the country’s tax policies by widening the tax base and increasing compliance on Value Added Tax, VAT. Speaking at a panel session on ‘Leveraging Dom Amine Mati estic Resource Mobilisation for Sustainable...

The International Monetary Fund (IMF) said on Friday it would continue to support its reform efforts in Kenya although a stand-by $989.8 million loan deal to the country had expired. IMF representative Jan Mikkelsen said in Nairobi that the support was because Kenya’s external position …...

Prospects for the country has remained positive for the 2019 fiscal year, as analysts and economists continue to revise outlook for the country upwards. In July, the International Monetary Fund (IMF) upgraded its growth rate forecast … Read more via BusinessDay : News you can trust –...

Apparently worried by the Federal Government’s refusal to heed its advice on loan sustainability, the International Monetary Fund (IMF), yesterday doubted Nigeria’s capacity to repay its rising debt stock. The Fund’s anxiety over Nigeria’s loan repayment ability may have been triggered by...

The International Monetary Fund (IMF) has warned that slow growth in Nigeria and South Africa, two largest economies in Africa, is weighing heavily on prospects for the sub-Saharan region. This was made known by the Director of the IMF’s African Department, Abebe Aemro Selassie, in its latest …...

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...

The International Monetary Fund (IMF) was 'pleasantly surprised' on Wednesday that Nigeria still remained a destination for investors. The Senior Financial Sector Expert, Debt and Capital Market Instruments Division, Monetary and Capital Markets Department, IMF, Miriam Tamene, said this in a...

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...

Nigerian economy is expected to grow 2.2 percent this year, the government said in a strategy document after the country suffered its first recession in more than two decades in 2016. The 2018-2020 Medium Term Fiscal Framework and Strategy Paper, seen by Reuters is to form the basis for its...

The International Monetary Fund (IMF) has outlined certain steps the Nigerian government to take in a bid to tackle recession. Daily Post reports that the IMF has just concluded its Article IV consultation with Nigeria. The organization commended the recovery plan of the Buhari...