CBN, IMF disagree over impact of forex restrictions on FDI inflow
Apex bank wants FG to sustain border closure By Emeka Anaeto and Babajide Komolafe The Central Bank of Nigeria (CBN), yesterday disagreed with the position of the International Monetary Fund (IMF) on the impact of the foreign exchange (Forex) restrictions on Foreign Direct Investment (FDI) inflow into the country. CBN Governor, Mr Godwin Emefiele, while […]
IMF urges Algeria to avoid economic instability during political transition
Algeria needs to focus on avoiding economic instability during its political transition after the resignation of President Abdelaziz Bouteflika, a senior official at the International Monetary Fund (IMF) said.
Canvasses independence of central bank for accountability of policies
By Peter Egwuatu The International Monetary Fund, IMF has called on governments of member countries to allow its central bank to be independent in order to enhance accountability of policy actions taken in the discharge of their mandate and responsibilities. The Managing Director, IMF Christine Lagarde made this call in response to questions on […]
IMF lays out policies for economic recovery for Nigeria, Sub Saharan African countries amid uncertainties
Nigeria and other Sub-Saharan African countries economic recovery continues, but there are considerable differences in countries’ growth prospects, the International Monetary Policy, IMF has said.
‘IMF’s Fiscal Monitor showing a low ranking for Nigeria does not refer to the Nigerian Sovereign Investment Authority’
THE International Monetary Funds, IMF, may have run into difficulties with its positions on the management of Nigeria’s Oil revenue as the officials indicate that the Fund’s negative verdict was based on the country’s Excess Crude Account, ECA, and not the Sovereign Wealth Fund, SWF.
IMF outlines economic recovery policies for Nigeria, Sub Saharan African
AS a result of some recoveries in the economies of Nigeria and other Sub-Saharan African countries, the International Monetary Fund, IMF has outlined policy options arising from what they see as considerable differences in countries’ growth prospects.
