Goli Innocent
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has revealed that Nigeria is seeking a $1.5 billion loan from the World Bank to support its budget, while the International Monetary Fund…
Goli Innocent
The Federal Government has been advised to capitalise on the brain drain problem in the nation, Saturday Telegraph reports. The International Monetary Fund (IMF) who made the call in a statement by its Director for…
Goli Innocent
Nigeria and other Sub-Saharan African nations have been cautioned by the International Monetary Fund (IMF) to cut their fiscal deficits by 3% in order to prevent the escalation of debt crises. Fabio Cormelli, an economist…
Mariam Adebukola
The Deputy Governor of the Central Bank of Nigeria (CBN) in charge of economic policy, Kingsley has been reportedly arrested by the operatives of the Department of State Services (DSS). It was widely reported that…
Goli Innocent
A Ghanaian Minister who resigned over the weekend after her domestic worker allegedly stole more than $1 million in cash from her home has been arrested for suspected corruption, a special prosecutor said. Ghana Special…
Goli Innocent
On Thursday, France hosted a summit to boost crisis financing for low-income countries, reform post-war financial systems, and free up funds to tackle climate change. Dignitaries at the world summit tagged, “Summit for a New…
Goli Innocent
The International Monetary Fund (IMF) on Friday gave its backing to the Central Bank of Nigeria’s (CBN) exchange rate unification policy. The policy, which merged all exchange rates into the Investors and Exporters (I&E) window,…
Goli Innocent
The United States Treasury Secretary, Janet Yellen on Tuesday said that International Financial Institutions (IFIs), such as the World Bank and the International Monetary Fund (IMF), are important in balancing China. Yellen lauded the institutions that…
Goli Innocent
The released data by the Central Bank of Nigeria (CBN) has revealed that the Federal Government spent $894 million to service foreign debt obligations from January to April 2023. The export and international payment data…
Boma Achenimie
The public adoption of the eNaira has been characterized as unbelievably low by the International Monetary Fund (IMF). The Bretton Woods organization recently published a working paper titled “Nigeria’s eNaira, One Year After” that detailed…