Tag: IMF
Coup Attempt Fails In Sudan
A coup attempt in Sudan “failed” early Tuesday, state media reported, as the country grapples with a fragile transition since the 2019 ouster of...
Nigeria To Get $3bn As IMF’s $650bn SDR Comes Into Effect
Nigeria will receive $3.35 billion as its share of the International Monetary Fund (IMF) $650bn special drawing rights (SDRs) to help boost the liquidity...
Africa Loses $190bn In GDP To COVID-19 – AfDB
President of the African Development Bank Group (AfDB), Dr Akinwumi Adesina, Wednesday said the economy of Africa has lost over $190 billion due to...
Naira Crashes To N493/$ @ Parallel Market
This is not the best of times for the naira. It crashed yesterday to N493/$ at the parallel market, losing N12 to the dollar...
Africa To See Slowest Regional Growth In 2021
Sub-Saharan Africa is set to record the world's slowest regional economic growth at 3.4 percent as it struggles to recover from a virus-triggered slump,...
Burna Boy, Wizkid grammy awards, example of services to export –...
Dr. Ngozi Okonjo-Iweala, Director-General of World Trade Organisation (WTO), has applauded Nigeria’s Afrobeats stars, Burna Boy and Wizkid, for winning awards at the 2021...
Buhari: A Blessing Or A Curse?
On Thursday, Justice Sylvanus Nsofor, Nigeria’s Ambassador to the United States, died at 85. I condole with his family.
He was a well-educated lawyer who...
Nigeria’s Economy’ll Recover to its Pre-pandemic Level by 2022 – IMF
The International Monetary Fund on Friday said Nigeria’s output would recover to its pre-pandemic level in the next two years.
It said this was part...
Finance minister defends NSIA against poor rating by IMF |
Zainab Ahmed, Minister of Finance• Says Nigeria Can’t Stop Fuel Subsidy By Fiat• As IMF Retracts, Clarifies Rating Is About ECA, Not SWF
Minister of...
