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Simi Questions Whereabouts Of $3.4 Billion IMF Emergency Fund Received By The Nigerian Government

May 8, 2020 Dane Kane

Nigerian sensational singer, Simi has asked the government a very important question about how funds are being spent. Nigeria received a $3.4 billion emergency fund from the International Monetary Fund (IMF), less than 24 hours [Read more…]

Business

IMF cautions against FX rationing as turnover falls 88% in I&E window

May 5, 2020 Dane Kane

Kindly Share This Story: By Babajide Komolafe & Elizabeth Adegbesan CBN The IMF has cautioned the CBN against dollar rationing stressing that this will hamper foreign trade and investor confidence and thus slow down the [Read more…]

Business

IMF cautions against rationing as dollars traded fall 88% in I&E window

May 4, 2020 Dane Kane

Kindly Share This Story: Naira depreciation, volatility to persist in May — Analysts By Babajide Komolafe & Elizabeth Adegbesan Naira-Dollar THE IMF has cautioned the CBN against dollar rationing stressing that this will hamper foreign [Read more…]

News

Experts want FG to use IMF loan for the purpose intended

April 29, 2020 Dane Kane

Kindly Share This Story: IMF Some financial experts have urged the federal government to use the loan approved by IMF for the purpose intended so as to help sustain the country’s economy. The experts, Mr [Read more…]

News

IMF’s $3.4bn loan: Nigeria risks entering debt trap – Economist

April 29, 2020 Dane Kane

Kindly Share This Story: IMF …Says facility may return Nigeria to SAP era ..Queries FG’s choice of RFI instead of RCF …Loan contravenes Fiscal Act By Michael Eboh Respected economic analyst and Professor of Finance [Read more…]

coronavirus

BREAKING: Coronavirus: IMF approves Nigeria’s request for $3.4bn

April 28, 2020 Dane Kane

The International Monetary Fund (IMF), on Tuesday, approved US$3.4 billion emergency financial assistance for Nigeria to fight coronavirus. The Executive Board approved Nigeria’s request under the Rapid Financing Instrument (RFI). The IMF explained that the [Read more…]

coronavirus

BREAKING: Coronavirus: IMF approves Nigeria’s request for $3.4bn

April 28, 2020 Dane Kane

The International Monetary Fund (IMF), on Tuesday, approved US$3.4 billion emergency financial assistance for Nigeria to fight coronavirus. The Executive Board approved Nigeria’s request under the Rapid Financing Instrument (RFI). The IMF explained that the [Read more…]

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