Posts Tagged ‘Christine Lagarde’

IMF: Lagarde successor may emerge October 4

The Executive Board of the International Monetary Fund (IMF) has removed age limit for the position of Managing Director. A statement by IMF also announced that nominations for the position closed Friday, September 6 while selection process will be concluded on October 4. It said: “Since 1951, the IMF’s By-Laws had prohibited the appointment of […]

IMF: Europe submits 5 possible Candidates To replace Lagarde

Europeans have agreed on a list of five candidates to replace Christine Lagarde as head of the International Monetary Fund (IMF) and hope to whittle it down to one by the end of July. The names include former Dutch finance minister and Euro group head, Jeroen Dijsselbloem. Their names had already been circulating as potential […]

Beware of the “Greek Gifts” of IMF, Trade Union Warns Buhari

The Nigeria Trade Union Congress (TUC) has warned the Federal Government over the “gifts” of the Interna­tional Monetary Fund (IMF).  The Nigerian Trade Union cited Nigeria’s bitter past experience with the financial body. The Union noted that Nigeria which is already in dire state, cannot cope with the IMF’s characteristic shylock conditionalities attached to its credit facilities, and […]

Nigeria Will Overcome Economic Challenges, Buhari Assures Lagarde

President Muhammadu Buhari on Tuesday in Abuja said his administration would look inwards and enforce regulations to stop financial leakages to mitigate the effect of dwindling oil prices on the Nigerian economy. A statement issued by the president’s Special Adviser on Media and Publicity, Mr Femi Adesina, said the President stated this when he received […]

Buhari Solicits An Allegedly Corrupt Christine Lagarde To Partner Nigeria’s Growth

The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, arrived Abuja on Monday to begin a four-day visit to Nigeria. Her visit is part of a two-nation West African region tour to engage policy makers and top officials of Nigeria and Cameroon on economic developments affecting both countries and the West African sub-region. The […]