Sunday, September 23, 2018

Tag "Lagarde"

    Lagarde: Nigeria could save N3.2trn by switching govt payments from cash to digital

Lagarde: Nigeria could save N3.2trn by switching govt payments from cash to digital

Christine Lagarde, managing director of the International Monetary Fund (IMF), says Nigeria could save as much as $9 billion (N3.24 trillion) by shifting government payments from cash to digital systems.Speaking in Ethiopia on Friday, Lagarde said 1.7 percent of the country's gross domestic product (GDP) could be saved via the digitisation of the country's payment systems.Lagarde also said she was [...]

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    Lagarde picks former Economist staff to head IMF Africa

Lagarde picks former Economist staff to head IMF Africa

Christine Lagarde, managing director of the International Monetary Fund (IMF), has announced the appointment of Abebe Selassie as director of the IMF’s African department.Selassie succeeds Antoinette Sayeh whose departure was announced previously. He is expected to begin his work in this capacity on September 19, 2016.“Abe brings a profound understanding of the challenges facing Africa, having worked closely with [...]

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    Lagarde: Labour market needs women because they drive GDP growth

Lagarde: Labour market needs women because they drive GDP growth

Christine Lagarde, managing director of the International Monetary Fund (IMF), says employing women is not only the right thing to do but also the smart thing to do.In a blog post, the former finance minister of France said employing women leads to significant economic growth, raising gross domestic product (GDP) appreciably."At his swearing-in ceremony last year, Prime Minister Justin Trudeau [...]

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    IMF boss, Lagarde, to meet Buhari on low oil prices

IMF boss, Lagarde, to meet Buhari on low oil prices

Christine Lagarde, managing director of the International Monetary Fund (IMF), will meet President Muhammadu Buhari in Abuja on Monday to discuss Nigeria’s economic challenges.Largarde would be visiting Nigeria and Cameroon during January 4–9, 2016, to engage with policy makers and other stakeholders in both countries and from the region and to underline the IMF’s strong relationship with its African member [...]

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Exchange Rates

September 21, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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