Ministers of Finance from African countries have requested for debt relief from bilateral, multilateral and commercial partners to cushion the negative impact of the coronavirus.
Oil prices fell today as political leaders around the world escalated lockdowns to curb the spread of the global coronavirus pandemic.
The on-going Coronavirus outbreak ravaging the earth has not only disrupted the personal plans of many, but also the global economy.
The Central Bank of Nigeria (CBN) has decided to collapse the multiple exchange rate policy which was used to determine the value of the Naira and...
The IMF has expressed its readiness to mobilize $1 trillion lending capacity to help countries fight the coronavirus pandemic.
It has been revealed that Nigerians spend about $14 billion on generator and fuel yearly in order to prevent their businesses from crippling.
With coronavirus affecting prices of goods, the governor of the CBN, Godwin Emefiele says the CBN is contemplating reducing interest rate.
Nigeria’s economy is now the largest in Africa after South Africa went into recession yesterday.
Antoinette Sayeh, a Liberian National is set to join the International Monetary Fund (IMF) as Deputy Managing Director.
The MD of IMF, Kristalina Georgieva has announced that the Fund's first Deputy MD, David Lipton would step down at the end of February.