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Kristalina Georgieva Reappointed as IMF Managing Director for 2nd Term

WASHINGTON DC, USA - The Executive Board of the International Monetary Fund (IMF) confirmed on Friday, April 12, 2024, that Kristalina Georgieva has been...

Cheta Nwanze: On COP28, Let’s Focus Please [MUST READ]

Thus, it should be no surprise that fast forwarding to 2023, Nigeria's COP28 delegation turned heads with, for example, the unexpected inclusion of the...

Nigeria’s Fantasy: The Thin Line Between Bold Budgeting and Fiscal Fiction [MUST READ]

The Minister of Budget and Economic Planning, Atiku Bagudu, recently unveiled the government’s budgetary proposals for the 2024 fiscal year. A budget is a...

World Bank: Nigeria Faces Rising Poverty Rates as Inflation Soars

ABUJA, Nigeria - According to the World Bank, Nigeria has experienced one of the highest inflation rates globally, which has pushed an estimated four...

IMF Set To Recommend Approval Of Nigeria’s $3.4 Billion Loan Request

The International Monetary Fund, IMF is expected to recommend the approval of $3.4 billion in emergency funding to Nigeria to assist the country deal...

IMF Worries Over Rise In Violence And Domestically Displaced Persons In Nigeria

The International Monetary Fund, IMF, says it is concerned with the rising numbers of Internally Displaced Persons, IDPs,  in Nigeria and other Sub-Saharan African...

Loans From China Are Dangerous To Developing Economies – IMF Warns Nigeria

The International Monetary Fund, IMF, has cautioned Nigeria and other developing countries from taking loans from China due to unfavourable loan conditions. Tobias Adrian said...

Buhari Won’t Devalue The Naira – Osinbajo

Champions of devaluation may have lost the battle following the Federal Government’s resolve to retain the naira value against the dollar. The naira currently exchanges...

Former IMF Chief Acquitted Of ‘Pimping’ Allegation

Former International Monetary Fund chief Dominique Strauss-Kahn was cleared of pimping charges on Friday in France, putting an end to four years of legal...

IMF Calls For Currency Depreciation In Nigeria

A call for further depreciation of Nigeria's currency and seven other oil exporting West African Countries has been made by the International Monetary Fund...

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