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INTERNATIONAL MONETARY FUND IMF
Senate President, Ahmed Lawan has told the IMF that Nigeria's economy was on the path of growth despite challenges.
Naira gained against the dollar when compared to N386.50 to a dollar it exchanged on Monday.
Most of the critics of the government’s borrowing pattern have often expressed serious doubt about the judicious use of these funds, as they believe most of them might end up being embezzled.
However, halting dividend payments may not go down well for many retail and institutional investors, who rely on bank dividends for regular income.
Naira weakened by N0.33 against the dollar when compared to the N386 to a dollar that it traded on last week Friday.
The latest figures from the Central Bank of Nigeria (CBN) show that the country’s external reserves have increased to $34.78 billion
WTO has reported that 80 countries and customs territories have banned or limited the export of face masks, protective gear, gloves, and other goods.
The International Monetary Fund (IMF) has projected that Nigeria is heading to a recession, its worst recession in three decades, as it expects the nation's economy to recede by 3.4% in 2020.
The IMF has said that the continuous closure of the Nigerian borders is hurting economies of Benin and Niger Republic.
The International Monetary Fund (IMF) has recommended that the Central Bank of Nigeria unifies the exchange rate system for stronger economic growth in the country.
The International Monetary Fund (IMF) cut its global growth forecast in its October 2019 World Economic Outlook (WEO).
A report from Bloomberg has disclosed that President Muhammadu Buhari’s office is expected to spend N46 million in fueling generators this year.