IMF
Nigeria on steady economic growth – central bank 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.
ECB President Christine Lagarde resumes office
A new era was beginning at the European Central Bank (ECB) on Friday as Christine Lagarde takes over from Mario Draghi at the head of the central bank managing the euro, the currency of the 19-member eurozone.
IMF urges Lebanon reforms as protesters keep up pressure
The International Monetary Fund on Monday said Lebanon should urgently implement reforms to restore confidence and economic stability as protesters kept up the pressure on politicians they accuse of corruption by setting up new road blocks.
IMF: Unemployment fuels unrest in Arab states
Unemployment and sluggish economic growth are fuelling social tension and popular protests in several Arab countries, the International Monetary Fund said Monday.
Official: Participant at IMF/World Bank meetings diagnosed with chickenpox
A participant at the recent International Monetary Fund/World Bank Annual Meetings held in Washington DC, United States has been diagnosed with chickenpox.
Nigeria’s borders must be protected – minister
Interior Minister Rauf Aregbesola has said the loyalty of Nigerians to the country is non-negotiable.
IMF: Nigeria’s border closure hurting Benin, Niger economies
The International Monetary Fund (IMF) has said the sustained closure of the Nigerian land borders is hurting economies of Benin Republic and Niger Republic.
Central bank, IMF disagree over impact of forex restrictions on foreign direct investment inflow
The Central Bank of Nigeria (CBN), yesterday disagreed with the position of the International Monetary Fund (IMF) on the impact of the foreign exchange (Forex) restrictions on Foreign Direct Investment (FDI) inflow into the country.
CBN and the $2.6bn or $26bn diaspora remittances
In the World Bank’s 2018 report, titled, “Nigerians Living abroad sent $22bn home in 2017”, the Bank noted that the top recipients of the Diaspora remittances in the world were India with $69bn, Chile ($64bn), Philippines $33bn, Mexico $31bn, Nigeria $22bn and Egypt $20bn
World Bank to invest $510 million in Lake Chad Basin
The World Bank is willing to invest $510m, in three tranches, in the Lake Chad Basin to address insecurity, desertification and humanitarian challenges, among others.
Central bank opposes MTN’s planned charges
The Central Bank of Nigeria (CBN) has opposed plans by MTN to charge their subscribers for Unstructured Supplementary Service Data (USSD) access to banking services from Oct. 21.
CBN: Forex restrictions not impeding FDIs
The Central Bank of Nigeria Governor, Mr. Godwin Emefiele, on Sunday disagreed with the International Monetary Fund (IMF) that foreign exchange restrictions place on some items in the official forex market was impeding the flow of foreign direct investments (FDIs) in the country.
Central bank governor defends forex restriction on 43 items
The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has defended the apex bank’s policy restricting foreign exchange sales for 43 items that can be produced locally.
Border closure: IMF tacitly backs Nigeria, urges speedy resolution of issue
The International Monetary Fund (IMF) has expressed tacit support for the closure of Nigeria’s land borders to its neighbours over issues bordering on illegal trade.
Former IMF chief takes swipe at Donald Trump’s Twitter habits
Former IMF chief Christine Lagarde said President Donald Trump’s trade offensive against China could slash global economic growth and she critiqued his Twitter habits in an interview with US television program 60 Minutes.
IMF backs Nigeria on border closure
The International Monetary Fund has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade.
Revenue generation not behind border closure – minister
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said the temporary closure of Nigeria’s land borders with her neigbours is not to induce revenue generation.
IMF faults forex restrictions on 43 items as hurting investments
The foreign exchange restrictions placed on 43 items by the Central Bank of Nigeria (CBN) on Tuesday drew criticism from the International Monetary Fund (IMF).
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Accident bureau releases report on incidents involving Air Peace aircrafts
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Timo Werner: Only Lionel Messi and Cristiano Ronaldo are playing at Robert Lewandowski’s level
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AFCONQ: Super Eagles to hit Maseru by chartered flight
Nigeria’s Super Eagles are expected to storm Maseru, Moshoeshoe International Airport on Friday through a chartered flight to keep a date with Lesotho in the AFCON 2021 qualifiers on Sunday.
Osun governor presents 119.5 billion budget for 2020
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Kogi guber: Court victory good for Nigerians, democracy – SDP candidate
Governorship candidate of the Social Democratic Party (SDP) in this Saturday’s governorship election in Kogi State, Natasha Akpoti has described her recent victory against the electoral umpire as victory not for her alone but all Nigerians and the nation’s democracy.
Bayelsa guber: APC ends campaign rallies, declares PDP history
Speaking at the grand rally of the party held at the Oxbow Lake Pavilion in Yenagoa, the APC leadership mocked the PDP led administration for failing the state.
US court jails Nigerian national for romance scam
Olu Victor Alonge, charged along with six other Nigerians with a multi-year wire fraud scheme, has been sentenced to a 10-year imprisonment by a court in Georgia, United States.
DSS: We’re waiting for someone to collect Omoyele Sowore from our custody
The Department of State Services (DSS) has explained why it has not complied with the federal court order to release Omoyele Sowore from custody.
Physically challenged students invent power bank, inverter.
Two members of the Young Friends of the Earth Nigeria, Daniel Wada and Japheth Okagbare, have successfully invented DanJaph power bank and a solar inverter.