The board of the International Monetary Fund (IMF) on Tuesday approved Nigeria’s request for $3.4 billion emergency support to address the severe impact of the COVID-19. The IMF, however, insisted…
Tag: IMF
IMF to Nigeria: Use $3.5b loan you seek for healthcare, education funding
The International Monetary Fund (IMF) has advised Nigeria to deploy the $3.5 billion emergency loan being processed for the country to strengthening infrastructure in the health and educational sectors. Recall…
Nigeria heading into its worst recession in 30 years – IMF Says
The International Monetary Fund (IMF) has projected that COVID-19 pandemic that has disrupted global supply chains will force Nigeria into its worst recession in 30 years. The projection is that…
IMF approves Debt Relief which cancels 6 months debt for poorest Countries
The International Monetary Fund has approved $500 million through the IMF Catastrophe Containment and Relief Trust to cancel 6 months of debt service for Afghanistan, Benin, Burkina Faso, Central African…
Coronavirus: Ngozi Okonjo-Iweala, others appointed advisers to IMF
Former Nigerian minister of finance, Ngozi Okonjo-Iweala and some other prominent individuals from across the world have been appointed to serve as new External Advisory Group of the International Monetary…
COVID-19: Obasanjo, Gordon Brown, others mobilising $600bn against pandemic
Former President, Olusegun Obasanjo and about 165 global leaders, including former Prime Minister of the United Kingdom, Gordon Brown, are mobilising about $600 billion from the International Monetary Fund, IMF,…
Coronavirus Forces Iran to Ask IMF for Loan for the first since 1962
Iran said on Thursday that it has sought immediate financial assistance from the International Monetary Fund to help it combat one of the world’s deadliest coronavirus outbreaks. According to a tweet…
