The Federal Government of Nigeria is set to receive $3.35 billion as its portion of special drawing rights (SDRs) from the International Monetary Fund (IMF). The...
President Muhammadu Buhari Tuesday in Abuja inaugurated National Steering Committee (NSC) of the National Poverty Reduction with Growth Strategy (NPRGS) to be chaired by Vice President...
The International Monetary Fund (IMF) has cautioned the federal government to keep its borrowing from the Central Bank of Nigeria within legal limits. The IMF gave...
Finance ministers from the G7 group of leading economies are confident of striking a deal on taxing multinational companies at their meeting in London. The agreement...
The Senate, on Wednesday, approved the sum of $2.6 billion (USD) out of the $5.5 billion external borrowing request sent to the National Assembly by President...
Nigeria has been excluded from the list of 28 countries granted debt pardon by the Executive Board of the International Monetary Fund (IMF). The Board has...
The Central Bank of Nigeria (CBN) on Friday devalued the naira by N6 to dollar. The naira devaluation has brought the local currency closer to 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...
* 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...