South Africa’s Finance Minister Tito Mboweni said on Friday there was more than $4 billion available from the International Monetary Fund and World Bank to help South Africa fight the COVID-19 crisis. “We too are entitled to approach the IMF and World Bank for funding. The IMF has indicated that South Africa is entitled to […]

By Yinka Kolawole,  with agency reporters The executive board of the International Monetary Fund (IMF)  will meet next week Tuesday, April 28, to decide on Nigeria’s request for financial aid. Nigeria submitted a request for $3.4 billion under the IMF’s rapid financing instrument. The rapid financing instrument is a short-term facility that typically bears interest. […]

New sustainability plan almost ready Vice President Yemi Osinbajo is enlarging the pool of options open to Nigeria in achieving the Buhari Presidency plan to turn the current economic challenges to an opportunity for Nigerians, especially the “Common Man.” Today, the VP has met with representatives of the International Monetary Fund and the World Bank […]

By Gabriel Ewepu – Abuja The Civil Society Legislative Advocacy Centre, CISLAC, Friday, wrote an open letter to the International Monetary Fund, IMF, World Bank, United Nations, UN, and Presidential Task Force on COVID-19 with the subject ‘Nigeria:  What is Needed in Nigeria’s Health and Economic Response to COVID-19’. The letter was written and signed […]

The World Bank Group and International Monetary Fund (IMF) have said they were mobilising world resources to help Africa defeat COVID-19. The leaders of the two institutions held a virtual meeting with African leaders, bilateral partners, and multilateral institutions to spur faster action on COVID-19 response in African countries, they said in a joint statement, […]

The World Bank and IMF said on Friday Africa needs $44 billion more to fight the coronavirus pandemic despite a freeze in debt payments for many countries and massive pledges of support. The Washington-based lenders and other official creditors have already mobilized $57 billion to support healthcare and economic recovery in the world’s poorest continent, […]

The Civic Society Legislative Advocacy Centre (CISLAC) has written the International Monetary Fund, the World and the Presidential Task Force on COVID-19 to scale-up anti-corruption measures in decision-making and subsequent disbursement of funds for the fight against coronavirus to check looting.

The International Monetary Fund, IMF, has called on the Nigerian government to roll out more fiscal support to fight the COVID-19 pandemic.

The International Monetary Fund, IMF, has called on the Nigerian government to roll out more fiscal support to fight the COVID-19 pandemic.

–Calls for suspension of debt payments By Johnbosco Agbakwuru ABUJA – THE Organized labour in Nigeria has expressed displeasure over the exclusion of Nigeria among the 25 poor countries benefitting from the debt relief services by the International Monetary Fund, IMF. The generosity of the IMF, was to help the benefitting countries contain the spread […]