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Follow World Bank/IMF meeting on TheCable

    Follow World Bank/IMF meeting on TheCable

From depressing crude oil prices in the last 18 months, to devaluation of the Chinese Yuan, to the challenges of global warming, climate change and rebating migrant crisis, the world

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IMF: Buhari’s FX policy distorting the economy

    IMF: Buhari’s FX policy distorting the economy

The International Monetary Fund (IMF) is happy with President Muhammadu Buhari’s “progress” with the fight against corruption and insurgency. In its staff report for the 2016 article IV consultation, the IMF

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Naira finds a ‘resting place’ at 320 to a dollar

    Naira finds a ‘resting place’ at 320 to a dollar

The Nigerian currency seems to have found a resting place at 320 to the greenback on the parallel market. The naira, Nigeria’s prime legal tender, has been seen as revolving

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At G20 seminar, Adeosun seeks inclusive growth for Africa

    At G20 seminar, Adeosun seeks inclusive growth for Africa

Kemi Adeosun, minister of finance, called for sustainable and inclusive growth for Africa at a high level G20 finance ministers seminar held in Paris, France capital, on Thursday. The ministers

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IMF: Nigeria’s GDP will fall to new low in 2016

  IMF: Nigeria’s GDP will fall to new low in 2016

The international monetary fund (IMF) says Nigeria’s gross domestic product (GDP) would be worse in 2016 than it was in

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IMF asks Buhari to remove FX restrictions

  IMF asks Buhari to remove FX restrictions

The International Monetary Fund (IMF) has called on President Muhammadu Buhari to adopt a sound petroleum industry bill (PIB) and

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Lagarde unanimously re-elected MD of IMF

  Lagarde unanimously re-elected MD of IMF

Christine Lagarde has been re-elected managing director of the International Monetary Fund (IMF), and is set to lead the body for

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IMF top thinkers back ‘capital controls’

  IMF top thinkers back ‘capital controls’

Atish Ghosh, assistant director and chief, systemic issues division of the International Monetary Fund (IMF) research department, has lent his

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Nigeria’s reserves fall by $955m in one month

  Nigeria’s reserves fall by $955m in one month

Despite stringent measures to conserve foreign exchange, the Nigerian foreign exchange reserves fell by $954,581,406 in the past one month.

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2016 budget can be part-funded with TSA, says Adeosun

  2016 budget can be part-funded with TSA, says Adeosun

Kemi Adeosun, minister of finance, says the treasury single account (TSA), at a current balance of N2.2 trillion, will help

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