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Tag Archives: IMF

Refinancing local loans with foreign facility’ll kill forex—IMF

imf visit

The International Monetary Fund (IMF) has warned the federal government any attempt to refinance local debts with low interest foreign facility will expose the economy to exchange rate risks. Already, ...

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Again, Adeosun begs international community to halt illicit capital flows from Nigeria

Kemi Adeosun

In what looks like a more passionate appeal to the international community, the Minister of Finance, Mrs. Kemi Adeosun has urged developed countries to stop providing safe havens for corrupt ...

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IMF sees Nigeria growing by 0.8% in 2017 if…

imf visit

The International Monetary Fund (IMF) on Tuesday begins to see chances of early exit from recession this year and switch over to growth lane but at a paltry rate of ...

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Why Ahmed Makarfi-led PDP faction said FG’s economic recovery plan dead on arrival

makarafi PDP

More insights have emerged on why the Ahmed Makarfi-led Caretaker Committee of the Peoples Democratic Party (PDP) has described the economic recovery plan unveiled last Wednesday by President Muhammadu Buhari ...

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Naira over-valued by 10 to 20 percent, IMF mocks CBN, presidential economic team

imf hqs

In what can be easily interpreted as reactions to the rebuffing of its advice by the Central Bank of Nigeria (CBN), the International Monetary Fund (IMF) on Wednesday fired back, ...

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LCCI picks holes in IMF’s recommendations relating to forex, economy

Muda Yusuf, LCCI boss

Less than one week after the International Monetary Fund (IMF) have advised the federal government and the Central Bank of Nigeria (CBN) in particular to lift ban on 41 forex ...

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CBN remains unstoppable in sustaining foreign exchange liquidity—Okoroafor

CBN MPC meeting

Contrary to the advice of the International Monetary Fund (IMF), the Central Bank of Nigeria (CBN) on Sunday reiterated its determination to sustain the provision of foreign exchange with a ...

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Lift forex ban on 41 items, criminalize Bureau D’Change to exit recession early—IMF

imf visit

The long awaited warning from the International Monetary Fund (IMF) finally came and two major contents include that the Federal Government need to lift the remaining foreign exchange restrictions on ...

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Finance Minister explains why FG went for World Bank, AfDB, dumping IMF

Kemi Adeosun

Minister of Finance, Mrs. Kemi Adeosun has given more reasons why the federal government preferred the borrowing plan of the World Bank and African Development Bank than the International Monetary ...

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IMF says global economic recovery ‘weak, precarious’

The global economic recovery remains “weak and precarious”, the International Monetary Fund has warned. In its latest World Economic Outlook, the IMF predicts “subpar” growth this year of 3.1%, rising ...

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