Ekpo: Our economic structure still susceptible to external shocks
IMF and others are saying that we should float. This is not totally a good one. The CBN is fully aware that it will not work, and that is why it decided to be intervening in several ways.
IMF cautions CBN against funding government spending
The International Monetary Fund (IMF), one of the Bretton Woods monetary institutions with a focus on global economy, has advised the Central Bank of Nigeria...
Not yet uhuru for pension reforms
Before the advent of the Contributory Pension Scheme (CPS) in 2004, it was a common view seeing public officials shedding tears at public functions decrying the plights of pensioners.
Improving sentiments and implementation of ERGP
The recently launched Economic Recovery and Growth Plan (ERGP) may be belated, ambitious and beset with revenue challenges, but there has never been a denial that it has the capacity to turn the country around.
IMF urges CBN to implement flexible forex regime
The International Monetary Fund (IMF) has enjoined the Central Bank of Nigeria (CBN) to implement a flexible foreign exchange regime by focusing on macro-economic stability...
IMF says still need 'credible' debt relief for Greece
Despite an agreement reached Tuesday on a reform package, Europe still needs to provide "credible" debt relief to Greece before the International Monetary Fund can provide more financing, an IMF official said.
Edo-Azura power plans attracts World Bank, IMF interest
This was as the Azura Independent Power Plant, financed by the International Finance Corporation (IFC), which was expected to provide electricity to 14 million residential consumers, was highlighted to display how the World Bank Group’s collaboration supports.....
Nigeria may benefit from multi-million dollar Africa initiatives
Nigeria is in line to benefit from series of multilateral initiatives brokered by the International Monetary Fund (IMF), Germany, the International Finance Corporation (IFC) and leaders of the top Multilateral Development Banks (MDBs).
States yet to meet conditions for second tranche Paris Club refund
A further check at the Office of the Director Funds in the Office of the Accountant General Office. Mr. Alex Adeyimi also indicated that there was no payment instruction from the Federal Ministry of Finance.