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Tag "International Monetary Fund (IMF)"

Understanding the IMF, America’s global economic enforcer (1)

    Understanding the IMF, America’s global economic enforcer (1)

Next year, as ordered by the International Monetary Fund (IMF), Nigerians will be paying N340 (which could rise up to N400 or more) a litre for premium motor spirit (PMS),

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Nigeria’s low tax-to-GDP ratio not justification for increasing taxes, AfDB tells FG

    Nigeria’s low tax-to-GDP ratio not justification for increasing taxes, AfDB tells FG

Akinwumi Adesina, president of the African Development Bank (AfDB), says the federal government must exercise restraint in tax increment. He said that the fact that the country’s tax to gross

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IMF advises FG to remove fuel, electricity subsidies early 2022

    IMF advises FG to remove fuel, electricity subsidies early 2022

The International Monetary Fund (IMF) has advised the federal government to completely remove subsidies on fuel and electricity in early 2022. In the staff concluding statement of its 2021 Article

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IMF: CBN needs to manage cyber security, operational risks of eNaira

    IMF: CBN needs to manage cyber security, operational risks of eNaira

The International Monetary Fund (IMF) says there is a need to manage cyber security and operational risks associated with the eNaira, Nigeria’s new central bank digital currency (CBDC). IMF said

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IMF: Nigerian banks closed 234 branches, 649 ATMs amid COVID-19 pandemic

  IMF: Nigerian banks closed 234 branches, 649 ATMs amid COVID-19 pandemic

The International Monetary Fund (IMF) says Nigerian banks closed 234 branches and 649 automated teller machines (ATMs) in 2020 amid

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IMF: Sub-Saharan Africa’s economy to grow by 3.7% in 2021 — world’s slowest recovery

  IMF: Sub-Saharan Africa’s economy to grow by 3.7% in 2021 — world’s slowest recovery

The International Monetary Fund (IMF) says economic recovery in sub-Saharan Africa will be the slowest in the world. In its

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Ease of doing business: IMF chief denies altering World Bank report to appease China

  Ease of doing business: IMF chief denies altering World Bank report to appease China

Kristalina Georgieva, managing director of the International Monetary Fund (IMF) has denied influencing a report in China’s favour when she

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Okonjo-Iweala asks developed nations to channel IMF’s SDR allocation to African countries

  Okonjo-Iweala asks developed nations to channel IMF’s SDR allocation to African countries

Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), has asked developed countries to channel their shares of the International

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IMF approves $650bn to boost global liquidity — largest SDR in its history

  IMF approves $650bn to boost global liquidity — largest SDR in its history

The International Monetary Fund (IMF) has approved the allocation of special drawing rights (SDRs) equivalent to $650 billion (about SDR

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IMF warns countries against adoption of crypto as national currency

  IMF warns countries against adoption of crypto as national currency

The International Monetary Fund (IMF) has described the adoption of cryptocurrencies as national currency by some countries as “inadvisable shortcut”.

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