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Tag "international monetary fund"

‘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

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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

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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.

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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 years. IMF disclosed this in a report titled ‘Global Financial

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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

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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,

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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

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IMF backs interest rate hike, says it’ll contain inflation, pressure on naira

  IMF backs interest rate hike, says it’ll contain inflation, pressure on naira

The International Monetary Fund (IMF) says the decision by the monetary policy committee (MPC) of the Central Bank of Nigeria

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IMF: Nigeria’s inflation rate will drop to 23% in 2024, 15.5% in 2025

  IMF: Nigeria’s inflation rate will drop to 23% in 2024, 15.5% in 2025

The International Monetary Fund (IMF) has predicted a decline in Nigeria’s inflation rate to 23 percent in 2024 and 15.5

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IMF downgrades Nigeria’s economic growth forecast from 3.1% to 3% in 2024

  IMF downgrades Nigeria’s economic growth forecast from 3.1% to 3% in 2024

The International Monetary Fund (IMF) has reduced its forecast for Nigeria’s economic growth to 3 percent in 2024 — down

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