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Tag "International Monetary Fund (IMF)"

IMF backs CBN, says cryptocurrencies may be used for illegal activities

    IMF backs CBN, says cryptocurrencies may be used for illegal activities

The International Monetary Fund (IMF) has warned against cryptocurrency transactions, saying some of the virtual currencies are used for money laundering and drug trafficking. The Central Bank of Nigeria recently

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IMF: Dangote refinery crucial to Nigeria’s economic rebound

    IMF: Dangote refinery crucial to Nigeria’s economic rebound

The International Monetary Fund (IMF) is projecting that the Dangote refinery would help Nigeria’s economic recovery drive when it starts production in 2022. In a country focus article published on

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IMF: Nigeria needs a unified market-based, flexible exchange rate

    IMF: Nigeria needs a unified market-based, flexible exchange rate

The International Monetary Fund (IMF) says major policy adjustments embracing broad market and exchange rate reforms are needed to address Nigeria’s recurrent Balance of Payments (BOP) pressures and raise the

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IMF: Countries receiving emergency loans must commit to assessment of their central banks

    IMF: Countries receiving emergency loans must commit to assessment of their central banks

The International Monetary Fund (IMF) says all countries receiving emergency financing must commit to a safeguards assessment of their central banks. Kristalina Georgieva, the IMF managing director, was speaking on

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Okonjo-Iweala: Confronting WTO’s challenges will ensure level playing field for countries

  Okonjo-Iweala: Confronting WTO’s challenges will ensure level playing field for countries

Ngozi Okonjo-Iweala, former minister of finance and Nigeria’s candidate for the World Trade Organisation director general position, says the organisation

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World Bank: Nigeria will reap substantial benefits from fuel subsidy removal

  World Bank: Nigeria will reap substantial benefits from fuel subsidy removal

David Malpass, the president of the World Bank Group, says there are substantial benefits to the federal government’s decision to

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IMF: Nigeria’s recession will not be as bad as earlier projected

  IMF: Nigeria’s recession will not be as bad as earlier projected

The International Monetary Fund (IMF) has revised its 2020 gross domestic growth projections for the Nigerian economy. In its October

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COVID-19: IMF extends debt relief for 28 low-income countries by six months

  COVID-19: IMF extends debt relief for 28 low-income countries by six months

The executive board of the International Monetary Fund (IMF) has approved a six-month extension of the debt service relief granted

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Nigeria to pay 1.5% interest on $3.4bn requested from IMF

  Nigeria to pay 1.5% interest on $3.4bn requested from IMF

The $3.4 billion credit facility being requested by the Nigerian government from the International Monetary Fund (IMF) attracts a 1.5%

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IMF: 40% of African countries are in debt distress

  IMF: 40% of African countries are in debt distress

Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), says 40% of African countries are in debt distress.

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