The International Monetary Fund (IMF) has approved a new allocation of Special Drawing Rights (SDR) equivalent to 650 billion U.S. dollars to combat COVID-19 crisis. The allocation is the largest…
The International Monetary Fund (IMF) mission to Nigeria says the Nigerian economy has started to gradually recover from the negative effects of the COVID-19 pandemic. Ms. Jesmin Rahman, team lead…
In 1985, a deceptive military administration held power. Its leader, General Ibrahim Babangida, took Nigeria through an economic excursion that delivered unbridled hardship, causing violent protests and other reactions that…
Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), on Thursday called on international community to rise in support Lebanon, saying the IMF is exploring possible ways to…
The German government has pledged to donate the sum of 3bn euros to International Monetary Fund (IMF) to support poverty reduction and growth trust. Wolfgang Schmidt, a State Secretary at…
The board of the International Monetary Fund (IMF) has approved the $3.4bn loan requested by Nigeria to help in combating the COVID-19 pandemic. The IMF managing director, Kristalina Georgieva, announced…
The International Monetary Fund (IMF) Executive Board has approved immediate debt relief for 25 “poorest and most vulnerable” countries. Ms. Kristalina Georgieva, IMF’s managing director announced this on Monday. She…
A former Nigerian Minister of Finance, Ngozi Okonjo-Iweala, has been appointed as a member of the International Monetary Fund (IMF) External Advisory Group. Kristalina Georgieva, Managing Director of the International…
Development economist, Odilim Enwegbara, speaks on a bucket of hot-button issues from the Sovereign Fund to Nigeria’s debt and petrol subsidy: The IMF just rated Nigeria as one of the…