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Tag: IMF

What $3.4bn SDR from IMF means for Nigeria and its foreign reserve
BusinessFinance

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…

Christina NgeneAugust 25, 2021August 25, 2021
IMF says Naira devaluation was rejected by the FG
BusinessFinance

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…

Christina NgeneFebruary 10, 2021February 10, 2021
Top Weekly Business and Economic News in Nigeria
Africa

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…

Christina NgeneOctober 15, 2020April 8, 2025
IMF Support to Nigeria with backup fund to sustain it through pandemic
Finance

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…

Christina NgeneApril 29, 2020March 15, 2021
IMF Debt Relief – 19 Countries in Africa on List, Nigeria Missing
Finance

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…

Christina NgeneApril 14, 2020April 29, 2020

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News Summary Today

The explosion and a suspected attack on the Trans-Niger Pipeline, TNP, have warranted a state of emergency in Rivers State. President Bola Tinubu made the announcement Tuesday, where he also suspended the current administration as well as, instated a new leader, Vice Admiral Ibokette Ibas, for six months to run the affairs of the state.

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