Nigeria rejects ‘flawed’ IMF report
Nigeria says the report tying its poor sovereign wealth management to corruption is "flawed and laughable".
Nigeria says the report tying its poor sovereign wealth management to corruption is "flawed and laughable".
The Fund says subsidy payment has consumed about $5.2 trillion globally from 2015 till date.
The report, however, said levels of public debt continued to increase with several countries at a debt-to-Gross Domestic Product (GDP) ...
She said the IMF was ready to work closely with all its member countries to bolster their debt recording and ...
The professor speaks on diverse issues including teaching of history of Nigeria.
The global body specifically recommends excise duty imposed at N1,500 per 200 cigarettes
The international fund is to release a comprehensive report on Friday.
The Fund says many investors are attracted by business prospect of Nigeria
The finance minister had earlier explained why the government was borrowing.
There are plans to tax first class tickets on airline travels and luxury coaches.
The IMF and the World Bank project higher growth for Sub-Saharan Africa in 2018.
Forbes says CBN under Mr. Emefiele had shown transparency, stabilised the economy.
“The economic backdrop remains challenging, despite some signs of relief in the first half of 2017,” IMF said.
The increase represents an increase of N1.8 trillion.
Nigeria ended 2016 with a debt to GDP ratio of 18.6 per cent.
“It is heart-warming to say that Nigeria will be out of recession soon,” the finance minister said.
The bank says there is no country that floats its currency by just leaving it to the dictates of the ...
The IMF said continued growth in agriculture and big government spending will drive the nation's growth.
The agency flayed Nigeria’s economic recovery plan
The IMF said Nigeria reform plan "does not explicitly call for tighter monetary and fiscal policy in the near term…”
The West African country has a population of 10.9 million and a GDP of around $8.3 billion.
The IMF had predicted that Nigeria’s economy would grow away from a recession in 2017.
The new director succeeds Antoinette Sayeh whose departure was announced recently.
"Direly needed in Somalia are leaders who can resist instant gratification, seductive lure of power, who are willing to put ...
Finance Minister, Kemi Adeosun, says the country's economic challenges are surmountable
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