IMF

IMF

Annual Fall Meetings
INTERNATIONAL NEWSLETTER
The IMF and World Bank Group announced on Thursday that their annual fall meetings will be mostly virtual due to the coronavirus pandemic. “As we continue to monitor ...
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Global Economy Could Suffer Significant Scarring
COVER NEWS NEWSLETTER
The economic fallout from the coronavirus pandemic could inflict “significant scarring” worldwide and the outlook for recovery remains highly uncertain, IMF chief economist Gita Gopinath said Friday. The ...
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Global Economy Could Suffer Significant Scarring
COVER INTERNATIONAL NEWSLETTER
The IMF board approved $2.77 billion in emergency aid for Egypt on Monday, to help the country deal with the impact of the coronavirus pandemic, but said the ...
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Economic Sustainability Committee
COVER INTERNATIONAL NEWSLETTER
Nigeria’s Vice-President, Prof. Yemi Osinbajo, on Tuesday in Abuja has held an online meeting with representatives of the International Monetary Fund (IMF) and the World Bank. The meeting, ...
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IMF Advises Nigeria
COVER INTERNATIONAL NEWSLETTER
The International Monetary Fund (IMF) on Wednesday advised Nigeria not to spare any resources in curbing the spread of COVID-19. IMF’s Director, Africa Department, Mr. Abebe Selassie, said ...
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Global Economy Could Suffer Significant Scarring
COVER INTERNATIONAL NEWSLETTER
The economic stresses caused by the global coronavirus pandemic could spark an outbreak of protests, the International Monetary Fund warned on Wednesday, urging governments to take steps to ...
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Global Economy Could Suffer Significant Scarring
COVER INTERNATIONAL NEWSLETTER
The International Monetary Fund (IMF) on Thursday predicted the worst economic downturn globally since the Great Depression, projecting negative growth for 170 countries in the world as the ...
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Global Economy Could Suffer Significant Scarring
COVER INTERNATIONAL NEWSLETTER
The International Monetary Fund (IMF) has said that it has earmarked $1 trillion lending capacity to help its 189 member countries combat the impact of COVID-19 on the ...
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COVID-19 Emergency Aid
COVER INTERNATIONAL NEWSLETTER
The deadly coronavirus epidemic could put an already fragile global economic recovery at risk, the IMF warned Sunday, as G20 financial chiefs voiced “real concern” over its economic ...
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Kingsley Obiora
FEATURES NEWSLETTER
President Muhammadu Buhari nominated Dr Kingsley Obiora as the new deputy governor of CBN on Thursday, January 16 – Obiora would replace the current occupier of the seat, ...
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Nigeria's 2020 GDP Forecast
BUSINESS & ECONOMY COVER NEWSLETTER
Forecasts 2.5% growth for Nigeria in 2020 The International Monetary Fund (IMF) has said Nigeria’s debt-to-Gross Domestic Product (GDP) ratio, which currently stands at 28 percent, is still ...
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Emefiele
BUSINESS & ECONOMY COVER NEWSLETTER
The Central Bank of Nigeria Governor, Mr. Godwin Emefiele, on Sunday disagreed with the International Monetary Fund (IMF) that foreign exchange restrictions place on some items in the ...
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Oronsaye Report
COVER INTERNATIONAL NEWSLETTER
Billed for high-level panel talks on global tax reform The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, is leading Nigeria’s delegation to the 2019 annual ...
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IMF
BUSINESS & ECONOMY
The International Monetary Fund (IMF) has cut its growth forecasts for the global economy for this year and next. It predicts growth of 3.2% in 2019, down from ...
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Christine Lagarde
COVER INTERNATIONAL NEWSLETTER
The International Monetary Fund (IMF) Managing Director, Christine Lagarde, has resigned her appointment and will be leaving the Bretton Woods institution on September 12. IMF’s Executive Board in ...
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Dollar
BANKING & FINANCE NEWSLETTER
The dollar edged up to a three-week high against a basket of currencies on Tuesday as traders await clues in Federal Reserve Chairman Jerome Powell’s testimony before Congress ...
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Oil
NEWSLETTER OIL & GAS
Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles along with worries about the global economy. Front-month Brent crude futures ...
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Kogi Governorship election
BANKING & FINANCE NEWSLETTER
The euro was stuck near two-week lows on Thursday and the dollar drifted away from recent highs as sliding government bond yields pressured both currencies. The global bond ...
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Zimbabwe
INTERNATIONAL
Zimbabwe made its interim currency the country’s sole legal tender on Monday, ending a decade of dollarisation and taking a another step towards relaunching the Zimbabwean dollar. The ...
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Godwin Emefiele
BANKING & FINANCE COVER NEWSLETTER
The International Monetary Fund (IMF) has congratulated Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, on his reappointment for a second term of five years by President ...
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