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Tag "imf loan"

EXTRA: Malawi cabinet members ‘roll out’ ads to congratulate president over $88m IMF loan

    EXTRA: Malawi cabinet members ‘roll out’ ads to congratulate president over $88m IMF loan

The cabinet members of Malawi have reportedly rolled out adverts to congratulate President Lazarus Chakwera on the approval of $88.3 million loan from the International Monetary Fund (IMF).  Idriss Nassah,

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Nigeria’s capacity to repay our loan is adequate, says IMF

    Nigeria’s capacity to repay our loan is adequate, says IMF

The International Monetary Fund (IMF) says Nigeria has adequate capacity to repay its loan. The executive board of the Washington-based institution said this in a statement issued on Monday following

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Nigeria’s external reserve slips to 8-month low

    Nigeria’s external reserve slips to 8-month low

Nigeria’s foreign reserves plummeted further at $34.85 billion on December 14, as the Central Bank of Nigeria (CBN) continues its interventions across the various foreign exchange (FX) windows despite declining

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‘It’s a loan’ — Zainab Ahmed clarifies IMF’s $3.4bn facility

    ‘It’s a loan’ — Zainab Ahmed clarifies IMF’s $3.4bn facility

Zainab Ahmed, the minister of finance, says the $3.4 billion credit facility approved for Nigeria by the International Monetary Fund (IMF) is a loan. This is contrary to remarks earlier

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