IMF
3 days ago
The tasks of the Nigerian delegation to the just-concluded International Monetary Fund (IMF) and the World Bank Spring Meetings in Washington, United States, were well defined – sell Nigeria, seal economic pacts and market packages
3 days ago
The World Bank Group has prequalified Nigeria for a $2.25 billion loan at a one per cent rate, a 40-year term with a 10-year moratorium.
19 Apr
Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, says the administration of President Bola Tinubu is working to put Nigeria on a solid economic pedestal.
17 Apr
Nigeria’s economy is projected to grow to 3.3 per cent this year, while it may recede to 3.0 per cent in 2025. In its latest World Economic Outlook report, ‘Steady but slow: Resilience amid divergence,’ the International Monetary Fund...
16 Apr
Nigeria’s economy is projected to grow to 3.3 per cent this year, while it may recede to 3.0 per cent in 2025. In its latest World Economic Outlook report, ‘Steady but slow: Resilience amid divergence,’ the International Monetary Fund said that Nigeria’s economy is expected to better 2023 growth which was pegged at 2.9 per…
14 Apr
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, will be in her position till October 1, 2029, as she has secured another five-year tenure.
26 Mar
The Centre for Convention on Democratic Integrity, a non-governmental organisation operating in Nigeria and Maryland, United States with United Nations Consultative Status and University of Washington will jointly hold a session during the spring meetings of World Bank & IMF Boards of Governors Meetings that will hold between 15th and 20th of April, in Washington…
24 Mar
The head of the International Monetary Fund on Sunday called on China to implement "a comprehensive package of pro-market reforms" to boost a sluggish economy beset by a housing market crisis, low domestic demand and persistently high youth unemployment.
22 Mar
The International Monetary Fund's executive board confirmed Thursday that it will disburse $880 million to Ukraine in the third phase of a $15.6 billion aid package to support the country's war-torn economy.
21 Mar
The head of the IMF called Thursday for countries to "preserve and strengthen" the independence of central banks in order to ensure price stability and support long-term economic growth.
14 Mar
The managing director of the International Monetary Fund has told AFP she is making herself "available to serve" for a second five-year term running the Washington-based financial institution, shortly after she received the backing of European finance ministers. "I'm not running to force people to choose me, I'm making myself available to serve, if people…
11 Mar
After a riotous February, naira seems to be on a new price-discovery path even as multiple estimates agree the currency is currently trading below its “fair value”, suggesting a significant appreciation that will raise the exchange rate to about N1400/$ before the end of the year.
Latest
38 mins ago
Leicester City striker Kelechi Iheanacho faces uncertainty regarding his future as his contract nears its end, with reports suggesting that the club may not extend his contract beyond this season. The Nigerian attacker joined Leicester City from Manchester City in 2017. However, with his contract approaching its expiration, speculation has arisen regarding his next move.…
51 mins ago
Napoli are exploring potential replacements for their star forward, Victor Osimhen, who is expected to leave the club during the summer transfer window. Among the potential candidates, Super Eagles striker Terem Moffi has caught the attention of the Italian club as a possible replacement for Osimhen. Moffi's outstanding performances in Ligue 1 with OGC Nice…
54 mins ago
Wilfred Ndidi, the Super Eagles and Leicester City midfielder, has made clear his ambition to move to one of the top six Premier League clubs when the upcoming transfer window opens. The 27-year-old has had a resurgent season with the Foxes under the management of Enzo Maresca, scoring six goals and providing six assists in…
57 mins ago
Russian President Vladimir Putin said Thursday he plans to visit China in May, in what would be his first trip abroad since re-election as the two forge closer ties.
59 mins ago
Montpellier striker Akor Adams remains optimistic about his prospects of earning a spot in Nigeria's Super Eagles squad, despite the fierce competition among the team's forwards. Adams gained attention this year after moving from Norwegian club Lillestrom in a deal worth €4.5 million. The 24-year-old started his Ligue 1 season impressively, scoring seven goals in…
59 mins ago
To encourage voters to turn out in elections, companies in Bengaluru have offered free beers and transportation to voters. President of the hotel association PC Rao told the Bangalore Mirror newspaper, "Different hotels and restaurants will be providing different things to the voters based on their personal call. "While some of these places will provide…
1 hour ago
A key witness in the criminal trial of Donald Trump detailed Thursday how he worked with the former president's personal lawyer to kill a Playboy model's story about a sexual relationship with the Republican.
1 hour ago
The Chief of Naval Staff (CNS) Vice Admiral Emmanuel Ogalla has said he is extending the duration of a special operation launched to combat crude oil theft in the Niger Delta region dubbed Operation Delta Sanity by another 90 days. The special operation which was launched on January 6, 2024 was to combat crude oil theft…
1 hour ago
Head Coach Bankole Olowookere has called up 25 players to the camp of Nigeria's U17 Girls National Team, Flamingos, in preparation for the upcoming FIFA U17 Women’s World Cup qualifying match against Burkina Faso. This squad selection is part of the lead-up to the third round of the African qualifying series. The list includes a…
1 hour ago
Telecommunications companies operating in Nigeria Airtel, MTN, 9Mobile, and Glo, are proposing an increment of tariff. The Association of Licensed Telecommunications Operators of Nigeria (ALTON) and the Association of Telecommunication Companies of Nigeria (ATCON) on Thursday, in a joint statement said the current price control mechanism is not at par with the economic realities. Consequently,…