Africa receives only $33bn from $650bn IMF SDRs – AfDB president
The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has criticised the disproportionate allocation of the International Monetary ...
Tag: IMF
IMF urges Nigeria to prioritise cash transfers to vulnerable households
The International Monetary Fund (IMF) has urged the Nigerian government to expedite the completion of its cash transfer programme to ...
Tony Elumelu gets IMF appointment
The International Monetary Fund (IMF) has appointed Tony Elumelu, the Founder and Group Chairman of Heirs Holdings, to its Advisory ...
Digitalization: CBN to expand financial access for underserved communities in Nigeria – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the apex bank’s commitment to leveraging digitalization ...
Tinubu inherited N87.38 trillion debt, not N21 trillion – DMO clarifies
The Debt Management Office (DMO) has debunked recent media reports claiming that President Bola Ahmed Tinubu inherited N21 trillion in ...
World Bank, IMF advocate for coordinated inflation control in Nigeria
The World Bank and the International Monetary Fund (IMF), have called on the Central Bank of Nigeria (CBN) to remain ...
Ghana’s President Mahama dissolves seven ministries to save costs
Ghana’s President John Mahama has announced the dissolution of seven ministries, lowering the total number from 30 to 23.
Finally, Nigeria overtakes Ghana regarding who has higher Interest Rates
Nigeria has officially overtaken Ghana as the country with the highest benchmark interest rate in West Africa, following the Central ...
Why IMF reforms keep failing in Nigeria and across Africa
The IMF itself has admitted that the reforms have not yielded the desired outcomes. In its latest economic outlook for ...
African countries require greater tax revenue mobilization to experience economic growth – IMF
The International Monetary Fund (IMF) has disclosed that about 90 per cent of African Union (AU) economies will require mobilizing ...
