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World Economic Outlook
The International Monetary Fund (IMF) has stated that a multilateral response is critical to overcome the COVID-19 pandemic in India and globally.
The International Monetary Fund (IMF) has said while the pandemic continues, governments’ policies should first focus on escaping the crisis, prioritizing health care spending, providing well-targeted fiscal support, and maintaining accommodative monetary policy while monitoring financial stability risks.
The International Monetary Fund has said that the approval and rollout of vaccines have boosted expectations of a global recovery and lifted risk asset prices, despite rising COVID-19 cases and softening economic activity, not only in late 2020 hope of greater prospects in 2021.
The International Monetary Fund (IMF) in its World Economic Outlook (WEO) update released yesterday has projected that the Nigerian economy will grow by 1.5 per cent this year, slightly lower than the 1.7 per cent it had predicted for the country in its previous forecast.
In the just-released biannual World Economic Outlook (WEO) report, the IMF also revealed that foreign direct investment flows as a share of global gross domestic product are well below their pre-pandemic levels, and are expected to remain as such in the near future.
The Annual Meetings of the World Bank Group and the International Monetary Fund (IMF) scheduled to take place in Marrakesh, Morocco, in October 2021 has been postponed by 12 months until 2022 due to the COVID-19 pandemic.
The COVID-19 pandemic will widen the gap between the rich and the poor, especially in the emerging markets and developing economies, the International Monetary Fund (IMF) has said.
The International Monetary Fund (IMF) on Tuesday projected that Nigeria’s economy would contract by 3.4% in 2020, implying the reversal of the modest 2.27% real growth recorded in 2019 to a possible growth of 1.13% by year end.
The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid economic rebound could follow.
The International Monetary Fund (IMF) in its World Economic Outlook (WEO) released Monday has projected that the Nigerian economy will grow at 2.5 per cent this year and next year, same as it had predicted in its October 2019 WEO.
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).
Institute of Chartered Accountants of Nigeria (ICAN) have said that the delayed passage of the 2019 budget and slow investment choices that may arise as a result of expectations from the general elections may stall Nigeria’s growth prospects in 2019.
The International Monetary Fund (IMF) has cut Nigeria’s gross domestic product (GDP) projection for 2019 to 2% from the 2.3% it had predicted previously.
The International Monetary Fund (IMF) has warned Nigeria and other oil exporting nations in dire need of structural reforms not to be tempted to delay the exercise due to the current higher oil prices.
The International Monetary Fund (IMF) has said African economies combined growth rate is held down by the continent’s three largest economies: Nigeria, South Africa and Angola, which IMF said are not performing up to their potentials.
The International Monetary Fund (IMF) has predicted that inflation rate in Nigeria will rise to 13.5 per cent in 2019.
The Minister of Finance, Mrs Zainab Ahmed and the Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, will join other economic experts from around the world to discuss issues affecting the global economy.
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Three suspected armed robbers on Saturday were involved a ghastly motor accident at Ode-Remo, Ogun State, while escaping with a car they allegedly snatched at gunpoint.
A group of Russians detained by the police in a part of northern Chad where the army has been battling a rebel invasion from Libya said on Wednesday that they were tourists who had come to sightsee in the Sahara Desert.
President of the Senate, Ahmad Lawan, has said that the upper chamber will publish the names of government agencies that have refused to appear before the Public Accounts Committee to defend the interrogations of the Auditor-General for the Federation in the 2015 report.
Gov. Seyi Makinde of Oyo State has urged local government chairmen in the state to upscale intelligence gathering in their respective council areas.
Super Eagles coach Gernot Rohr was present at the first training session of selected Nigeria Professional Football League players in Abuja on Wednesday.
Eighteen political parties recognised by the Independent National Electoral Commission (INEC) has mounted pressure on the commission to impress it on the National Assembly to pass the new electoral laws before the next general election in 2023.
Christian Eriksen has been discharged from hospital after a “successful” operation to fit a heart-starting device.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) Suleja/Abuja Unit, on Sunday, threatened to embark on a strike action over alleged extortion by officials of the Department of Petroleum Resources (DPR).
President-elect Ebrahim Raisi on Monday backed talks between Iran and six world powers to revive a 2015 nuclear deal but flatly rejected meeting U.S. President Joe Biden, even if Washington removed all sanctions.
The Peoples Democratic Party (PDP) yesterday said the confession by the leaders of the All Progressives Congress (APC) when they gathered yesterday in Abuja for a youth conference, that their party and President Muhammadu Buhari have failed to deliver, vindicated its position that they (APC and Buhari) will leave office in 2023 without any legacy.