Tag: IMF
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Naira gains N3.42 against Dollar as IMF hails CBN fx reforms
The Naira on Wednesday gained N3.42 against the dollar, trading N1526.15 at the official market amid commendation by the International Monetary Fund (IMF).
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Nigeria fully repays $3.4bn IMF loan – Minister
Mohammed Idris, the Minister of Information and National Orientation, has confirmed that Nigeria has fully repaid the 3.4 billion dollars COVID loan from the International Monetary Fund (IMF). The Minister said this while briefing State House Correspondents after the sixth Federal Executive Council (FEC) meeting on Monday.
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IMF urges Nigeria to be prudent in spending
The International Monetary Fund (IMF), has urged Nigeria to be prudent in spending following implementation of hard economic reforms that has made it to save more revenue. The Director, Fiscal Affairs Department IMF, Vitor Gaspar, said this at a Fiscal Monitor news conference at the ongoing 2025 IMF/World Bank Spring Meetings in Washington D.C. on…
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Nigeria urges IMF, World Bank to strengthen support for reform-oriented economies
The Nigerian government has called on the International Monetary Fund (IMF) and the World Bank to provide stronger financial support for economies undertaking bold reforms, especially in Sub-Saharan Africa.
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IMF lowers global growth forecast amid escalating tariff tensions
The International Monetary Fund (IMF) has revised its global economic growth forecast downward, citing the impact of rising trade tensions, particularly new U.S. tariffs and retaliatory measures from other countries.
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IMF projects 3% economic growth for Nigeria
The International Monetary Fund (IMF) has released it new economic outlook report, reversing Nigeria’s economic growth projections for 2025 and 2026. The April report was released on Tuesday during World Economic Outlook (WEO) at a press briefing at the
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IMF tells FG to tighten monetary policy over inflation concerns
The International Monetary Fund (IMF) has said a tight monetary policy stance is required to firmly guide inflation down in Nigeria.
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Tony Elumelu gets appointment in IMF
Heirs Holdings Founder and Group Chair, Tony O. Elumelu, CFR, has been appointed by the International Monetary Fund (IMF) to its Advisory Council on Entrepreneurship and Growth.
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Details of what Tinubu discussed with IMF MD emerge
The President stated this on Wednesday night in Rio de Janeiro, Brazil, when Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), paid him a courtesy call on the sidelines of the G20 Leaders’ Summit.
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Economist warns FG against World Bank, IMF
The Chief Economist at SPM Professionals, Paul Alaje, has called on the Federal Government to be careful with advice given by global financial institutions like the World Bank and the International Monetary Fund (IMF).