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IMF
The IMF has urged Nigeria to increase monetary reforms to boost balance of payment pressures.
The IMF has disclosed funding support totalling $99 billion to Nigeria and 69 other countries to tackle COVID-19 pandemic.
IMF reiterated that the protest in the country is not just against police brutality, but also unemployment and poverty.
The world economy is now projected to fall by 4.4% in 2020.
The world economy has ended up performing better than the International Monetary Fund had envisaged in Q2 and Q3.
The IMF said that a green recovery focus would create income equality opportunities for the future.
Investing in a resilient African future will be more cost-effective than rebuilding after crises.
Forex reserves remain just above $35 despite the pressure on the exchange rate
The IMF tweeted the video giving vital details on what cryptocurrency is.
The IMF had earlier noted that the Nigerian economy would witness a deeper contraction of 5.4%.
Before joining the IMF, Ogada worked at the United Nations Conference on Trade and Development.
IMF's data showed that global reserves dipped to $11.731 trillion from $11.824 trillion in Q4 2019.