What $3.4bn SDR from IMF means for Nigeria and its foreign reserve
Before the SDR from the IMF, Nigeria had its foreign reserve quoted at $33.54 billion. Global multilateral lender, the International Monetary Fund (IMF) has confirmed …
Tag: IMF
IMF says Naira devaluation was rejected by the FG
Naira devaluation could further inflation rates The Nigerian government has rejected the advice by the International Monetary Fund, IMF to further devalue its said 18% …
Top Weekly Business and Economic News in Nigeria
Select all weekly and recent news headlines in Nigeria as it relates to business, finance economy and more. The weekly business platform advanced with news …
IMF Support to Nigeria with backup fund to sustain it through pandemic
Coronavirus is throwing Nigeria’s financial corporations into further crises mostly due to a slump in oil prices. The executive board of the International Monetary Fund, …
IMF Debt Relief – 19 Countries in Africa on List, Nigeria Missing
A statement has been issued by Ms Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) to grant Immediate Debt Relief to 25 Countries. …