The report of the National Bureau of Statistics (NBS) yesterday that the economy recorded 2.4 per cent growth in the fourth quarter of 2018 drew criticism from economic experts.
The post Why NBS economic growth report is wrong, by experts appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …
In a widely expected move, the Central Bank of Nigeria (CBN) has left interest rates unchanged at 14% for January. Signs of rising inflationary pressures are likely to fuel speculation
The post CBN leaves rates unchanged as IMF downgrades growth appeared first on TheCable.
A former Vice-President (Africa) of World Bank, Mrs Oby Ezekwesili, has advised the Federal Government to suspend its plan to raise 2.8 billion dollars in Eurobond to fund the 2018 budget. Ezekwesili, who was a former Minister of Education, gave the advice while speaking to newsmen in Lagos. The News Agency of Nigeria (NAN) reports […] …
Godwin Emefiele, governor of the Central Bank of Nigeria, says the Buhari-led administration chose to save the naira instead of building reserves. Emefiele, who made this known to journalists on
The post Emefiele: It is either build reserves or save the naira — we’re choosing the naira appeared first on TheCable.
Zainab Ahmed, minister of finance, says that the federal government has asked the International Monetary Fund for help in getting taxes from large oil companies. Ahmed told journalists on Friday
The post Finance ministry seeks IMF’s help to go after oil companies for tax appeared first on TheCable.
Amechi Ogbonna The International Monetary Fund ( IMF) Thursday, listed Nigeria among eight African countries on its debt distressed category following the failure of their fiscal consolidation to positively impact the citizens. Abebe Aemro Selassie, Director of the IMF’s African Department, who gave the hint at a briefing he jointly held with Nigeria’s Budget and Planning […]
The post Nigeria, 7 African countries in debt distress –IMF appeared first on The Sun Nigeria. …
The International Monetary Fund (IMF) has suggested ways that Nigeria can boost its revenue outside crude oil to reduce the country’s reliance on lending. Speaking at her maiden press conference
The post IMF recommends ways of boosting Nigeria’s revenue appeared first on TheCable.
Nigeria has been ranked 152 out of 157 countries in the first ever Human Capital Index released by the World Bank Group. Unveiling the report on Thursday at the ongoing
The post Nigeria among bottom seven in World Bank’s first ever Human Capital Index appeared first on TheCable.
Amechi Ogbonna, Bali, Indonesia The International Monetary Fund (IMF) had warned that Nigeria’s current sovereign debt servicing obligation was becoming unsustainable compared to its revenue generating capacity. According to the organisation, the situation may impair infrastructure and social project financing over a short to medium term. At a press briefing on the release of October […]
The post Nigeria’s debt service obligations too high, unsustainable –IMF appeared first on The Sun Nigeria. …
At the backdrop of increasing impressive performance of the global economy, the Managing Director of the International Monetary Fund, IMF, Mrs Christine Lagarde, has warned of some dangers in the horizon, as world debt rises to $164 trillion.
The post IMF warns of another melt down, as global debt rises to $164trn appeared first on Vanguard News. …