Thursday, April 25, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "imf"

‘1% interest rate’ — Nigeria secures $2.25bn World Bank loan

    ‘1% interest rate’ — Nigeria secures $2.25bn World Bank loan

Wale Edun, minister of finance and coordinating minister of the economy, says the country has qualified for a World Bank loan of $2.25 billion. Edun spoke during a press conference

0 comment Read Full Article

Wale Edun: Swift economic reforms key to post-COVID-19 recovery

    Wale Edun: Swift economic reforms key to post-COVID-19 recovery

Wale Edun, minister of finance and coordinating minister of the economy, says swift economic reforms are key to recovering from post-COVID-19 effects. Edun disclosed this during a press conference at

0 comment Read Full Article

Debt servicing gulps 56% of Nigeria’s tax revenue, says IMF

    Debt servicing gulps 56% of Nigeria’s tax revenue, says IMF

The International Monetary Fund (IMF) is concerned about “heavy” debt-service burdens in low-income countries — stating that debt servicing in Nigeria gulps 56 percent of tax revenue. The Bretton Woods

0 comment Read Full Article

Wale Edun: FG revenue rising, things are moving in right direction

    Wale Edun: FG revenue rising, things are moving in right direction

Wale Edun, minister of finance and coordinating minister of the economy, says Nigeria’s economy is moving in the right direction as policies of the current administration are having positive impact.

0 comment Read Full Article

Financial institutions lost $12bn to cyberattacks in 20 years, says IMF

  Financial institutions lost $12bn to cyberattacks in 20 years, says IMF

The International Monetary Fund (IMF) says financial institutions lost a sum of $12 billion to cyberattacks in the past 20

0 comment Read Full Article

IMF begins process to select next managing director

  IMF begins process to select next managing director

The International Monetary Fund (IMF) has begun the process of selecting its next managing director (MD). The lender intends to

0 comment Read Full Article

Electricity subsidy: FG plans gradual migration to ‘cost-reflective’ tariff in 3 years

  Electricity subsidy: FG plans gradual migration to ‘cost-reflective’ tariff in 3 years

The federal government says there are plans to gradually move towards a cost-reflective electricity tariff. Adebayo Adelabu, minister of power,

0 comment Read Full Article

CBN partners blockchain firm to boost eNaira adoption

  CBN partners blockchain firm to boost eNaira adoption

The Central Bank of Nigeria (CBN) has signed a memorandum of understanding (MoU) with Gluwa, a blockchain firm, to drive

0 comment Read Full Article

Egypt devalues currency as IMF agrees to $8bn bailout request

  Egypt devalues currency as IMF agrees to $8bn bailout request

The Egyptian government, on Wednesday, reached a deal with the International Monetary Fund (IMF) to increase the country’s bailout loan

0 comment Read Full Article

Venezuela and Nigeria’s economic crisis: The troubling similarities

  Venezuela and Nigeria’s economic crisis: The troubling similarities

President Bola Tinubu recently declared that he should be included in the Guinness Book of Records for having the guts

0 comment Read Full Article
1 2 3 19
error: Content is protected from copying.