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.
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.
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.
At the 2017 annual meetings of the International Monetary Fund (IMF) and World Bank Group, Christine Lagarde, IMF managing director, advised world leaders to invest in their people. During his The post Follow TheCable for live updates from the 2018 IMF/WBG Spring meetings appeared first on TheCable.