The Federal Government has raised the alarm that the current food situation in Nigeria and the continent is unsustainable. Minister of Finance Budget and National Planning,...
Nigeria’s bilateral and multilateral debts stood at $31.98 billion as of September 2020, according to the latest figures released by the Debt Management Office (DMO). The...
To enable Nigeria and 69 other emerging and developing economies to tackle COVID-19 pandemic, the International Monetary Fund (IMF) on Monday released economic funding support totalling...
The International Monetary Fund (IMF) has approved new emergency aid for 28 of the world’s poorest countries to help them alleviate their debt and better cope...
* Nigeria imposed lockdowns in Lagos and Abuja in Q2 * Oil sector contracted by 6.63% * Government says economy may shrink by up to 8.9%...
Vice President Yemi Osinbajo says as the Federal Government kick starts the implementation of the National Economic Sustainability Plan (NESP), a move from the international community...
The International Monetary Fund (IMF) has approved US$3.4 billion which Nigeria requested to address the severe economic impact of the COVID-19 and sharp fall in oil...
The International Monetary Fund (IMF) approved Nigeria’s $3.4 billion emergency loan request to assist the country tackle the impact of the coronavirus (COVID-19) pandemic
The coronavirus pandemic will turn global economic growth “sharply negative” this year, the head of the International Monetary Fund (IMF) has warned. Chairwoman and MD of...
The Nigerian government will source N2.7 trillion from multilateral financial institutions and the Nigeria Sovereign Investment Authority (NSIA) to cushion the effects of COVID-19 on the...