IMF News – Page 7 of 8 – Prime Business Africa

Remove Fuel Subsidy, Official Exchange Rate, IMF Tells FG

The International Monetary Fund (IMF) has again urged the Nigerian government to stop subsidising fuel and remove the official exchange rate. This came two weeks after the federal government suspended the removal

PBA Reporter

3 years ago

Uncategorized

IMF Urges Nigeria, Others To Prepare For Unstable Loan Markets

The International Monetary Fund (IMF) urged Nigeria and other developing economies with large foreign currency borrowings and external financing need to prepare for turbulence in financial markets. The IMF explained that countries

PBA Reporter

3 years ago

Business

IMF Holds On To 2022 Growth Forecast For Nigeria At 2.7%

The International Monetary Fund (IMF) has held on to its 2022 growth forecast for Nigeria at 2.7 per cent and increased 2023 projection by 0.1 per cent to 2.7 per cent. Recall,

PBA Reporter

3 years ago

Business

IMF Speaks On Crypto Currencies’ Volatility Effect On Nigeria, Others

The International Monetary Fund has disclosed that the crypto currencies’ high volatility and valuation will soon pose risks to financial stability in countries including Nigeria. The IMF made this known in a

PBA Reporter

3 years ago

Business

IMF Asks Nigeria To Devalue Currency Further, Gives Reasons

The International Monetary Fund (IMF) has asked Nigeria to devalue its currency and raise benchmark interest rate in preparation for the Fed policy tightening. The IMF disclosed this in a blog post

PBA Reporter

3 years ago

Business

IMF Says Crypto May Displace Local Currencies In Developing Countries

The International Monetary Fund (IMF) has disclosed that some emerging markets and developing economies face immediate and serious risks of currency substitution by crypto assets. The IMF made this known in a

PBA Reporter

3 years ago

Business

IMF Hints On Factors Responsible For Rising Inflation In Nigeria

The International Monetary Fund (IMF) has disclosed that rising food prices is the major factor fuelling inflation in Nigeria and other Sub-Saharan African countries. The IMF noted that the inflation is rising

PBA Reporter

3 years ago

Finance & Economy·Latest News

IMF Projects Global Economy To Grow By 6%, Retains 2.5% For Nigeria

The global economy has been projected to grow by 6% in 2021 and 4.9% in 2022, while Nigeria’s growth outlook has remained at 2.5% for the period. The projection was made by

Editor

3 years ago

Finance & Economy·Latest News

Ghana Cedi Remains Stable Against U.S. Dollar – IMF

Despite the adverse effect of COVID-19 on economies, International Monetary Fund(IMF) has said that the Ghanaian currency, Cedi has remained fixed in value as against U.S dollars. The IMF made this known

Editor

3 years ago

Governor of Nigerias Central Bank Godwin Emefiele

CBN promises to boost forex supply, assure travellers of access to dollars

The Central Bank of Nigeria (CBN) in a recent statement said it had concluded plans to give banks access to more foreign exchange allocation. Governor of the bank, Mr Godwin Emefiele said

Kayode Shopekan

3 years ago

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IMF News - Page 7

Remove Fuel Subsidy, Official Exchange Rate, IMF Tells FG

IMF Urges Nigeria, Others To Prepare For Unstable Loan Markets

IMF Holds On To 2022 Growth Forecast For Nigeria At 2.7%

IMF Speaks On Crypto Currencies’ Volatility Effect On Nigeria, Others

IMF Asks Nigeria To Devalue Currency Further, Gives Reasons

IMF Says Crypto May Displace Local Currencies In Developing Countries

IMF Hints On Factors Responsible For Rising Inflation In Nigeria

IMF Projects Global Economy To Grow By 6%, Retains 2.5% For Nigeria

Ghana Cedi Remains Stable Against U.S. Dollar – IMF

CBN promises to boost forex supply, assure travellers of access to dollars

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