The International Monetary Fund (IMF) has called for a stronger operational framework and price stability to combat inflation in Nigeria. The IMF Resident Representative for Nigeria, Mr Ari Aisen, said this in his keynote address at the Financial Markets Dealers…
The International Monetary Fund (IMF) says it has made significant progress in ensuring gender equality in its workforce through the EDGE Certification. This is contained in a statement obtained from the IMF website on Thursday in Abuja. According to the…
Crude oil prices fell yesterday as the International Monetary Fund warned that high inflation and the Russian-Ukraine war could send the global economy to the brink of a recession. In an update to its World Economic Outlook, the IMF also…
The International Monetary Fund has painted a grim economic outlook saying that inflation, debt, and food crisis is pushing the Nigerian economy and other African economies to the verge of collapse. The Managing Director of the IMF, Kristalina Georgieva disclosed…
The International Monetary Fund (IMF) and the World Bank Group (WBG) have announced that their 2022 Annual Meetings will take place from Oct. 10 to 16. This is contained in a statement obtained from the World Bank website in Abuja…
The World Bank has stated that Nigeria’s external reserves are expected to decline as the Central Bank of Nigeria (CBN) is expected to clear $1.7 billion worth of FX backlog and FX forward contracts to foreigners by the end-October 2022.…
Kristalina Georgieva, Managing Director, International Monetary Fund (IMF) has called for a new public payment system to connect various payment systems. Georgieva added that the new payment system would help counter fragmentation of the international monetary system accelerated by Russia’s…
By Uthman Salami The international Monetary Fund (IMF) has said Nigeria may not benefit from increased oil prices, if the government does not limit the amount of fuel subsidies it provides to citizens. According to the IMF, Nigeria and other…
The International Monetary Fund (IMF), has said the Sub-Saharan African Region needs a careful policy response to address the challenges of the new economic shock caused by the war in Ukraine. Mr Abebe Selassie, Director, African Department, IMF, said this…
The World Bank and the International Monetary Fund (IMF) have disclosed plans to fast track the implementation of the G20 debt relief scheme. The announcement was made at the ongoing 2022 Spring Meetings of the World Bank-IMF in Washington DC.…
