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Tag "international monetary fund"

IMF calls for new payment system to accommodate central bank digital currencies

    IMF calls for new payment system to accommodate central bank digital currencies

Kristalina Georgieva, managing director, International Monetary Fund (IMF) has called for the development of a new public infrastructure to connect various payment systems, including digital currencies. She added that countries

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Don’t increase fuel prices, it is a deadly trap for Nigeria (2)

The argument that government will deploy the savings from the removal of ‘subsidies’ to improve health, transportation, and other areas of our national life is a gratuitous insult to the

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USA vs China: Take your pick (2)

    USA vs China: Take your pick (2)

In a number of ways, the ongoing global geo-strategic struggle between the United States of America and its allies on one hand and China on the other offers a unique

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Emefiele: FG will save 40% of forex earnings with Dangote Refinery

    Emefiele: FG will save 40% of forex earnings with Dangote Refinery

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says Nigeria will save 40 percent of its foreign exchange (FX) earnings when the Dangote Refinery and Petrochemical Plant is

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Nigeria to get $3bn as IMF’s $650bn SDR comes into effect

  Nigeria to get $3bn as IMF’s $650bn SDR comes into effect

Nigeria will receive $3.35 billion as its share of the International Monetary Fund (IMF) $650bn special drawing rights (SDRs) to

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AfDB: Development finance institutions set to invest over $80bn in African firms

  AfDB: Development finance institutions set to invest over $80bn in African firms

The African Development Bank (AfDB) has announced that the G7 development finance institutions (DFIs) and multilateral partners have pledged to

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IT’S OFFICIAL: Naira to now trade at N410/$1 as CBN adopts NAFEX rate

  IT’S OFFICIAL: Naira to now trade at N410/$1 as CBN adopts NAFEX rate

The Central Bank of Nigeria (CBN) has officially adopted the Nigerian autonomous foreign exchange (NAFEX) rate — weakening the naira

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IMF advises Nigeria to raise VAT to 10% by 2022

  IMF advises Nigeria to raise VAT to 10% by 2022

The International Monetary Fund (IMF) has advised the federal government to raise value-added tax to at least 10 percent by

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IMF: 90m people to enter extreme poverty in 2021

  IMF: 90m people to enter extreme poverty in 2021

The International Monetary Fund (IMF) has estimated that 90 million people will slip into extreme poverty in 2021. Gita Gopinath

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Zainab Ahmed: Nigeria has fulfilled all conditions for $1.5bn World Bank loan

  Zainab Ahmed: Nigeria has fulfilled all conditions for $1.5bn World Bank loan

Zainab Ahmed, the minister of finance, budget and national planning, says the federal government has fulfilled the conditions required for

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