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Don’t float $2.8bn Eurobond, Ezekwesili tells FG

US releases Russian defense firms sanctions list

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 […] …

Emefiele: It is either build reserves or save the naira — we’re choosing the naira

Emefiele: It is either build reserves or save the naira — we’re choosing the naira

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.

Nigeria, 7 African countries in debt distress –IMF

Nigeria, 7 African countries in debt distress –IMF

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. …

Nigeria among bottom seven in World Bank’s first ever Human Capital Index

Nigeria among bottom seven in World Bank’s first ever Human Capital Index

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.

Nigeria’s debt service obligations too high, unsustainable –IMF

Nigeria’s debt service obligations too high, unsustainable –IMF

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. …

IMF: Infrastructure governance can’t improve in Africa if our framework not implemented

IMF: Infrastructure governance can’t improve in Africa if our framework not implemented

The International Monetary Fund (IMF) says infrastructure governance can’t improve in Africa if the recommended framework is not implemented. Two officials of the organisation made the comments on Wednesday during a The post IMF: Infrastructure governance can’t improve in Africa if our framework not implemented appeared first on TheCable.

IMF adivses Nigeria to remove tax exemptions, says economy still at risk

IMF adivses Nigeria to remove tax exemptions, says economy still at risk

Catherine Pattillo, assistant director, fiscal affairs department of the International Monetary Fund (IMF), has advised Nigeria to remove tax exemptions because the economy is still at risk. Answering questions from The post IMF adivses Nigeria to remove tax exemptions, says economy still at risk appeared first on TheCable.

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