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IMF, World Bank Aplauds CBN For Lifting Forex Restrictions On 43 Items

IMF, World Bank Praise CBN For Lifting Forex Ban On 43 Items

The International Monetary Fund (IMF) and World Bank have lauded the Central Bank of Nigeria’s decision to lift restrictions on 43 items banned from accessing foreign exchange through official channels. Speaking at

Emmanuel Ochayi

October 14, 2023

IMF Sympathises With Victims Of Kenya Anti-tax Protest

Africa·Finance & Economy

IMF Says Call To Cancel African Debts Legitimate

IMF) MD Kristalina Georgieva, has acknowledged the legitimacy of the debt cancellation demand made by many African countries.

Emmanuel Ochayi

October 13, 2023

Africa·News

Nigerian Senator Proposes Climate Debt Swap At World Bank/IMF Meeting

Senator Jimoh Ibrahim of Ondo South Senatorial District has called for a unique approach to Africa's debt crisis. He recommended that Africa's debts, including those of Nigeria

Emmanuel Ochayi

October 12, 2023

Finance & Economy·News

Nigeria’s Economic Growth Slips As IMF Cites Oil Production Decline

The International Monetary Fund (IMF) has delivered sobering news for Nigeria’s economic prospects. In their 2023 World Economic Outlook, released during the Annual Meetings in Marrakech, Morocco, the IMF has revised Nigeria’s

Emmanuel Ochayi

October 10, 2023

News

IMF Urges Nigeria, Sub-Saharan Africa To Ditch Tax Exemptions For Growth

The International Monetary Fund (IMF) has called on Nigeria and Sub-Saharan African nations to prioritize the removal of tax exemptions and boost domestic revenue generation as a means to tackle fiscal deficits.

Emmanuel Ochayi

September 28, 2023

Business

World Bank, IMF, CBN Accused Of Sabotaging Nigeria, China Swap Deal Amid Low Utilisation

The World Bank and the International Monetary Fund (IMF) have been accused by a human rights lawyer, Femi Falana, of sabotaging the Nigeria and China swap deal. Falana said the global financial

Fakoyejo Olalekan

August 29, 2023

Business·Oil & Gas

IMF Backs Fuel Subsidy Removal, As Gov’ts Spend $7trn To Lower Prices

About $7 trillion was spent globally on explicit and implicit fossil-fuel subsidies in 2022, the International Monetary Fund (IMF) revealed in a new report. With the cost of subsidies rising by $2

Fakoyejo Olalekan

August 25, 2023

Business

Nigeria’s Economy To Decline, IMF Reveals, Proffers Solution

Nigeria’s economy will decline between 2023 and 2024, the International Monetary Fund (IMF) has revealed in its World Economic Outlook Update. The IMF said the decline will be driven by the country’s oil

Fakoyejo Olalekan

July 26, 2023

World News

lMF Achieves $100bn Target For Climate, Poverty Funds

The International Monetary Fund (IMF) says it has met its target of reallocating the sum of $100 billion to tackle climate change and poverty in developing countries. This was disclosed on Thursday

Ifeanyi Ibeand

Admin

June 22, 2023

Africa·Business

Ghana Gets IMF Approval For $3 billion Loan Bailout

The International Monetary Fund (IMF) has approved the $3 billion loan requested by the Ghanaian government, as the firm moves to assist the government in its ongoing debt restructuring and economic recovery.

Fakoyejo Olalekan

May 18, 2023

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IMF News - Page 4

IMF, World Bank Praise CBN For Lifting Forex Ban On 43 Items

IMF Says Call To Cancel African Debts Legitimate

Nigerian Senator Proposes Climate Debt Swap At World Bank/IMF Meeting

Nigeria’s Economic Growth Slips As IMF Cites Oil Production Decline

IMF Urges Nigeria, Sub-Saharan Africa To Ditch Tax Exemptions For Growth

World Bank, IMF, CBN Accused Of Sabotaging Nigeria, China Swap Deal Amid Low Utilisation

IMF Backs Fuel Subsidy Removal, As Gov’ts Spend $7trn To Lower Prices

Nigeria’s Economy To Decline, IMF Reveals, Proffers Solution

lMF Achieves $100bn Target For Climate, Poverty Funds

Ghana Gets IMF Approval For $3 billion Loan Bailout

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