As the COVID-19 pandemic continues to inflict high and rising human costs worldwide, the International Monetary Fund (IMF) has projected a contraction in the global economy by -3 per cent …
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The International Monetary Fund (IMF) has snubbed Nigeria after approving debt relief for 25 other countries. IMF Managing Director, Kristalina Georgieva approved immediate debt relief to the 25 of its …
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Finance Minister, Zainab Ahmed Expresses Shock At Falling Oil Price
by Damilare Salami 2 minutes readThe Minister of Finance, Budget and National Planning, Zainab Ahmed, says the crash in oil price on Monday was a shock to the country. Mrs Ahmed spoke at a consultative …
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The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the implementation of Value Added Tax (VAT) increase from five per cent to 7.5 per cent will take …
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The International Monetary Fund (IMF) on Wednesday said the recent decision by the Nigerian government to raise the Value Added Tax by 50 per cent holds positive prospects for the …
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Nigeria Far From Economic Recovery Under President Buhari – IMF
by Damilare Salami 4 minutes readA slow economic recovery is continuing, inflation is falling, and external buffers are declining in the face of increased portfolio outflows in Nigeria, preliminary findings by the International Monetary Fund …
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States yet to collect their balance of the Paris Club debts refunds would soon be paid, the Supervising Minister of Finance, Zainab Ahmed, said on Thursday. The Minister who disclosed …
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BREAKING: IMF Ranks Nigeria Second Worst Country In The World
by Damilare Salami 1 minutes readThe International Monetary Fund (IMF) has ranked Nigeria as the second worst country in the world in the use of sovereign wealth funds. According to the Fiscal Monitor report released …
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The International Monetary Fund (IMF), has categorised eight African countries as being in debt distress, the Director, African Department at the IMF, Abebe Selassie, has said. Selassie, who addressed over …
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IMF Says Nigeria’s Growth Is Slowed Down Because Economy Is Doing Badly
by Damilare Salami 2 minutes readThe International Monetary Fund (IMF) has cut the growth projections made for Nigeria saying the country’s economy is doing poorly. Deputy director at IMF’s research department, Gian Maria Milesi-Ferretti, made …
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