Posts Tagged ‘IMF’

Nigeria Not Indebted To IMF — Oby Ezekwesili

A former Vice-President (Africa) of World Bank, Mrs Oby Ezekwesili, has said Nigeria is not indebted to the International Monetary Fund (IMF). BreakingTimes had reported that the IMF Executive Board recently approved immediate debt relief for twenty-five countries battling with the COVID19 pandemic. Nigeria was however not included in the list. Ezekwesili, who was a […]

IMF Executive Board Approves Immediate Debt Relief For 25 Countries To Combat #COVID19

The International Monetary Fund (IMF) Executive Board has approved immediate debt relief for twenty-five countries battling with the COVID19 pandemic. Managing Director of the International Monetary Fund (IMF), Mrs Kristalina Georgieva issued the following statement as regards the approval: “Today, I am pleased to say that our Executive Board approved immediate debt service relief to […]

Ngozi Okonjo-Iweala, 11 Others Appointed As IMF External Advisory Group

Former Nigerian Minister of Finance, Dr. Okonjo-Iweala alongside 11 others have been appointed to serve as external advisory group to the International Monetary Fund (IMF).  “IMF Managing Director Kristalina Georgieva names a group of prominent individuals to serve as her new External Advisory Group,” the IMF said in a statement. The eminent group from around […]

IMF: How Nigeria’s economic recovery was exposed as a mirage

In a twist that further upset the already fragile optimism in the International Monetary Fund’s (IMF’s) weak economic growth projection for 2020, initially put at 2.5%, the IMF on Monday revised its earlier forecast to 2%. The new outlook was the culmination of the organisation’s Article IV Consultation to Nigeria, a 15-day economic dialogue tour, led […]

Economic projection: Buhari group faults World Bank, IMF

The Buhari Media Organisation (BMO) has disagreed with the International Monetary Fund and the World Bank on their downward projections for the country’ economic growth. The group argued that the 2.9 per cent economic growth projection by the Federal Government for the year 2020 was feasible despite the IMF and World Bank’s downward projections. The […]

Nigeria on steady economic growth – CBN Chief

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said on Monday that Nigeria’s economic outlook remained positives despite the current global uncertainties. The International Monetary Fund (IMF), recently reviewed the global economic growth from 3.3 per cent to three per cent. Emefiele gave the assurance in his keynote address at the […]