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Business News

‘Nigeria must address recession without IMF, World Bank’

Ihesiulo Grace 19 December 2016 0

The Federal Government of Nigeria (FGN) must look for a way of tackling the current recession experienced by the country without following International Monetary Fund (IMF) and World Bank formula. The Principal Consultant of B. Adedipe Associates Limited, Dr. Biodun Adedipe, stated this at the

Business

IMF Advises Nigeria, Others to Make Fiscal Policy Adjustments

Ihesiulo Grace 5 May 2015 0

Nigeria and other oil exporting countries in the Sub-Saharan region have been advised by the International Monetary Fund (IMF) to make fiscal policy adjustments in the light of crashed oil prices. Unveiling the April 2015 IMF Regional Economic Outlook: Sub-Saharan Africa, Ms. Antoinette Sayed, Director, IMF African Department commented: “Sub-Saharan Africa’s economy is set

News

Chad to Receive $1.1bn Debt Relief – Finance Minister

Ihesiulo Grace 30 April 2015 0

Chad will receive $1.1bn in debt relief after completion of the Highly Indebted Poor Countries (HIPC) initiative of the World Bank and International Monetary Fund (IMF), its finance minister said on Tuesday. Kordje Bedoumra said in an interview that the oil-producing central African nation – one of the poorest countries on earth – had […]

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