Tag: IMFTag: <span>IMF</span>

Fashola makes positive projection for electricity generation

The Minister of Power, Works and Housing, Batunde Fashola has assured Nigerians that the nation's power generating capacity will be above 6000mW by the end of 2016. The Minister made…

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Olusegun Adeniyi YNaija

Olusegun Adeniyi: Buhari and the troubled economy

It was a business lunch by a group of investors who had eagerly been waiting for information about the business climate in Nigeria. But their guest, top official of a…

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The Big 5: These are the stories you should be monitoring today

These are the top five news to monitor today FG confirms that Nigeria is in recession Minister of Finance, Kemi Adeosun, has confirmed that the Nigerian economy is in recession.…

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Despite IMF negative projection, FG says economy will grow

Contrary to the forecast by the International Monetary Fund that the Nigerian economy will contract further, the Federal Government has said that Nigeria's economy will pick up in the 3rd…

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‘Technically, Nigeria is in recession’ – FG confirms

The Minister of Finance, Kemi Adeosun, has confirmed that the Nigerian economy is in recession. Speaking with Senators on the state of the economy, Adeosun projected that the economy will…

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IMF predicts inflation surge for Nigeria

The International Monetary Fund (IMF) has admitted that the Nigerian economy will perform below the initial expectation of the IMF for the country this year. IMF actually said, on Monday…

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Seun Onigbinde: New FX rule and a year of ‘Yes men’

By Seun Onigbinde In Marianne M Jennings’ book - The Seven Signs of Ethical Collapse, she stated stern warnings that CEOs must watch out for to avoid landing in a pit. It…

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Report: Buhari devalues Naira 290 to Dollar

President Muhammadu Buhari has agreed to demands to devalue the Nigerian currency to N290 against the dollar, according to SaharaReporters. This is coming just barely a day after removal of fuel…

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IMF to Buhari: ‘Remove restriction on access to forex’

The International Monetary Fund (IMF) has urged President Muhammadu Buhari to remove the restrictions around Nigeria's foreign exchange policy. The Fund advised that Nigeria's exchange rate should be allowed 'to…

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Opinion: It’s déjà vu, all over again! (Nigeria’s non-oil economic growth, IMF and SAP)

Earlier this year, the Managing Director of the International Monetary Fund (IMF), Christine Lagarde, paid a 4-day working visit to Nigeria and the long-standing distrust of Bretton Woods’ institutions was…

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Bayo Oluwasanmi: Okey Ndibe’s false bias, Buhari’s corruption war and the unknown Nnamdi Kanu

“So, the fight is on two levels: one, directly against corruption and the second is that you are going to prepare for a counter attack. That is where we are…

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Opinion: IMF Chief, Christine Lagarde’s visit to Nigeria is both timely and necessary

In the light of recent public commentaries by concerned Nigerians regarding Christine Lagarde’s visit to Nigeria, I would like to say as a Nigerian trained economist that there is absolutely…

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IMF boss, Lagarde didn’t meet with President Buhari to negotiate a loan – See why she visited

The global fall in the price of oil hit Nigeria quite badly and has give rise to a revenue shortfall for the nation. This has resulted in the Federal Government…

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Greece in debts

Thousands contribute to save Greece from going flat broke

Greece is in a financial crisis, as the country's bailout program with its European creditors officially expires today Tuesday, July 1. The country failed to make a scheduled debt repayment of…

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Pat Utomi: What change really means for Nigeria

by Pat Utomi You are right again, Einstein. The old thinking that created this problem will not fix it. Nothing is more desperately needed than a new way of thinking…

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Opinion: What if the elections had held in February?

by Ralph Egbu ...we have closed our senses to doing the small things that matter and that omission has led to huge dislo­cations that are manifesting in the rule of…

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Ghana seeks IMF assistance to stabilise stumbling Cedi

by Tunji Andrews Battling with mounting budget deficit and currency freefall, Ghana’s government disclosed on Saturday that it will seek an International Monetary Fund programme as part of efforts to…

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Cheta Nwanze: Sacking the entire police force won’t be such a bad idea

by Cheta Nwanze A few minutes ago, a bomb went off at the Municipal Bus Terminal in Nyanya, Abuja. There have been many casualties. May God rest the dead. Sometime…

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Cheta Nwanze: Yesterday I slept with NEPA… and she was good

by Cheta Nwanze I'd have made a comment about the toothless bulldog, but the last time I did, not a few, err, toothless bulldogs sent an awful lot of barks in…

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Cheta Nwanze: What Nigeria needs to know about the ‘global economy’

by Cheta  Nwanze Today's piece is about economic systems, the World Bank and the IMF, and whether they have they helped Nigeria or not. The reason I chose this particular…

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Afrobeat artiste, Seun Kuti drops Zombie video for IMF ft. M1 (WATCH)

  by Akan Ido In a rendition reminiscent of late Afrobeat legend, Fela Anikulapo-Kuti's song International Thief Thief (ITT), Seun, his son has released visuals for his song upbraiding the…

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Opinion: Wait, was Pastor Adeboye one of those who got Sanusi suspended?

by Adekoya Boladale Mallam Sanusi's verbal diarrhoea manifested recently at the annual TEDX Talk in Abuja where he accused the General Overseer of the Redeemed Church of God, Pastor Enoch…

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Simon Kolawole: Egypt – From Arab Spring to Arab Fall

by Simon Kolawole We can say Morsi has been successfully ousted as President of Egypt, but there is no assurance that the next president would be the messiah. What this…

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Japheth Omojuwa: Barack Obama’s American business in Africa (Y! FrontPage)

by Japheth Omojuwa Africa is a land of opportunities. The only sad part of this is that most Africans are not aware of this reality. President Barack Obama is not…

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Why are the World Bank and IMF praising us? – and more, in today’s news roundup with Cheta Nwanze

by Cheta Nwanze "An attack on the King's soldier is an attack on the King himself." The above statement was made by an unnamed English magistrate sent by Edward I…

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Opinion: Nigeria’s GDP – Punching below its weight

by Tunji Andrews  Nigeria no longer stands on the that top ten list of “fastest growing countries”. Our 6.5% GDP fell way short of our African brothers like Libya (12.2%),…

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I felt “a tinge of disappointment”- Okonjo-Iweala on losing World Bank presidency and more

by Lekan Olanrewaju Co-ordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala recently  grant an interview to the International Monetary Fund's "Surver Magazine" in which she talked about…

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