International Monetary Fund

IMF urges Nigerian govt to remove fuel, electricity subsidies

The International Monetary Fund (IMF) has advised the Nigerian government to completely remove fuel and electricity subsidies early next year.…

4 years ago

IMF approves $650bn SDR allocation to combat COVID-19 crisis

The International Monetary Fund (IMF) has approved a new allocation of Special Drawing Rights (SDR) equivalent to $650 billion to…

5 years ago

IMF extends debt relief to 28 low-income countries

The executive board of the International Monetary Fund approved the third tranche of grants for debt service relief for 28…

5 years ago

Why Nigeria’s central bank won’t ease its grip on the naira

Nigeria is keeping control of its naira currency despite demands for deeper reforms from the International Monetary Fund and World…

5 years ago

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