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).
Why CBN will not freely float Naira
The persistent pressure on the Central Bank of Nigeria (CBN) to float the Naira may have lost steam as the experience of Egypt, which recently adopted the policy, has presented a poor result.
Adeosun assures G24 on transparent implementation of budget
The federal government yesterday assured the global community of its commitment to the ongoing reforms aimed at redeeming the country’s economy through transparency, accountability and faithful implementation of budgets.
IMF offers plea against protectionism as Trump, Brexit loom
The International Monetary Fund renewed its warnings against protectionism on Thursday as nationalist political trends threaten trade integration on both sides of the Atlantic.
A Le Pen victory would mean 'major disorder', says IMF's Lagarde
The head of the International Monetary Fund on Thursday said a victory by the far-right candidate Marine Le Pen in France's presidential elections this year could cause political and economic upheaval.
Nigeria needs adjustment over oil price, says IMF
The relative stability in the price of crude oil at the international market notwithstanding, the International Monetary Fund (IMF) has said Nigeria’s economy remains in the zone...
Adeosun tasks global community on illicit financial flows
The Federal Government has charged the global community to play by action rather than mere declarations on the issues of corruption and illicit financial flows, particularly from Nigeria and Africa as a whole.