Ghana exits IMF book by year end—Yeboah, Chairman, Senate Committee on Finance
Interesting revelation has emerged on the growing stability of Ghanaian economy in the last 22 months following the submissions of the Parliamentary Committee chairman on Finance, Dr Mark Assibey Yeboah. Explaining more at plenary in his contributions on the presented…
(Special Report): Conflicting reports on Nigeria’s economic outlook frustrating investors’
In the last two quarters, there had been rising number of forecasts coming from both recognized and unrecognized bodies on the futuristic performance and economic outlook of the Nigerian economy and no two of the forecasts are the same. The…
Refinancing local loans with foreign facility’ll kill forex—IMF
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, the economy has been suffering forex crisis since the last…
Again, Adeosun begs international community to halt illicit capital flows from Nigeria
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 individuals and their illegal funds. Speaking at the ongoing International…
IMF sees Nigeria growing by 0.8% in 2017 if…
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 0.8 per cent after all. It said Nigeria, the continent’s…
Why Ahmed Makarfi-led PDP faction said FG’s economic recovery plan dead on arrival
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 as “dead on arrival.” In a statement issued weekend by…
Naira over-valued by 10 to 20 percent, IMF mocks CBN, presidential economic team
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, claiming that Nigeria’s naira is over-valued by around 10 to…
LCCI picks holes in IMF’s recommendations relating to forex, economy
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 restricted items to renew activities in the ports further close…
CBN remains unstoppable in sustaining foreign exchange liquidity—Okoroafor
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 view to ensuring liquidity in the market and enhance accessibility…
Lift forex ban on 41 items, criminalize Bureau D’Change to exit recession early—IMF
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 the 41 items and see how it can outlaw multiple…
