New Telegraph

  1. Home
  2. IMF

Tag: IMF

Court Jails Ex-IMF Chief, Rato For Tax Fraud

Court Jails Ex-IMF Chief, Rato For Tax Fraud

On Friday, a Madrid court sentenced former International Monetary Fund (IMF) Chief, Rodrigo Rato to more than four years in prison for tax crimes, money laundering and corruption. READ ALSO Republicans Taking Orders From Elon…

IMF President Pledges Support For Tinubu’s Economic Reforms

IMF President Pledges Support For Tinubu’s Economic Reforms

The President of the International Monetary Fund (IMF), Kristalina Georgieva has expressed strong backing for the economic reforms of the Nigerian government under the leadership of President Bola Ahmed Tinubu. Georgieva gave this assurance on…

IMF Denies Being Behind Fuel Subsidy Removal

IMF Denies Being Behind Fuel Subsidy Removal

Contrary to insinuation, the International Monetary Fund (IMF) has said it played no role in the removal of fuel subsidy by the President Bola Tinubu-led administration. The monetary fund made this clarification on Friday at…

PRP Warns Tinubu To Reject IMF Policies Or Face Economic Collapse

PRP Warns Tinubu To Reject IMF Policies Or Face Economic Collapse

The national leadership of the People’s Redemption Party (PRP), has called on President Bola Tinubu to shun economic policies prescribed by the International Monetary Fund (IMF). The party made the call on Thursday in a…

Nigeria Missing On List Of Countries With Highest IMF Debt Record

Nigeria Missing On List Of Countries With Highest IMF Debt Record

In recent times, various African countries have benefitted from the International Monetary Fund (IMF) credit facilities after its executive board approved some loans, in a shocking development, Nigeria’s name was missing from the latest list…

Falana Sends Strong Message To Tinubu Over Fuel, Electricity Subsidy

Falana Sends Strong Message To Tinubu Over Fuel, Electricity Subsidy

President Bola Tinubu-led Federal Government has been urged by human rights lawyer Femi Falana (SAN) to resist pressure from the International Monetary Fund (IMF) to raise fuel and electricity costs. Falana in a statement issued on…

Hardship: IMF Urges Tinubu Govt To Phase Out Electricity Subsidy

Hardship: IMF Urges Tinubu Govt To Phase Out Electricity Subsidy

In a bid to cushion the effect of the hardships Nigerians have experienced in recent times due to the elimination of fuel subsidy, the International Monetary Fund (IMF) has called on the Federal Government to…

IMF: Nigeria Facing Worsening Economic Crisis

IMF: Nigeria Facing Worsening Economic Crisis

The International Monetary Fund (IMF) has listed that stalled per-capita growth, poverty and high food insecurity have exacerbated the ongoing cost-of-living crisis in Nigeria. The IMF made these remarks in its recent report titled, “IMF…

Inflation: IMF Asks CBN To Increase Interest Rate

Inflation: IMF Asks CBN To Increase Interest Rate

In a bid to tackle Nigeria’s high inflation rate head-on, the International Monetary Fund (IMF) has advised the Central Bank of Nigeria(CBN) to raise interest rates in the upcoming Monetary Policy Committee meeting. Julie Kozack,…

Nigeria Seeks $1.5bn Loan From World Bank

Nigeria Seeks $1.5bn Loan From World Bank

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…