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Federal Government seeks World Bank loan approval for $2.25bn Funding Funds earmarked for two major development projects. Loans aimed at enhancing economic stability, resource mobilization, and...
Eko Hot Blog reports that The International Monetary Fund (IMF) has made some recommendations on policy actions African leaders must take to avoid a debt crisis,...
The IMF supports Nigeria’s central bank’s policy to unify exchange rates, allowing market forces to determine the rate. The new policy ensures that certain requests will...
The International Monetary Fund has released Nigeria’s economic growth projection for the year 2023, stating an improvement of 3.2% growth. This counters its initial projection of...
President Muhammadu Buhari writes Reps, requests fresh $5.513bn loan. The Federal Government is to borrow a sum of $5.513 billion from external sources to finance the...
Head of the International Monetary Fund, Kristalina Georgieva on Monday said nearly 80 countries around the world have requested the IMF’s help amid the coronavirus crisis....
International Monetary Fund (IMF) has cut down its 2020 Gross Domestic Product (GDP) forecast for Nigeria to two percent, from the 2.5 per cent it had...
Servicing the nation’s external debt gulped $1.66bn in one year, from July 2018 to June 2019, an analysis of data obtained from the Debt Management Office...