International Monetary Fund (IMF)

The International Monetary Fund (IMF) has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade. Mr Abebe Selassie, the Director of the African Department at the IMF, gave the…

The Executive Board of the International Monetary Fund (IMF) has adopted an open, merit-based, and transparent process for the selection of the next managing director, the organisation has said. In a statement it issued in Washington…

Britain might be entering a full-blown recession and a no-deal Brexit could more than double the country’s budget deficit in 2019, the watchdog for public finances on Thursday said. The Office for Budget Responsibility (OBR) said the…

Growth in the West bank and Gaza has to be focused on creating jobs, the head of the International Monetary Fund (IMF) said on Wednesday, as she discussed the Trump administration’s 50 billion dollars economic plan for Israeli-Palestinian…

Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, on Wednesday, urged Federal Government to attach premium to palm oil production, saying its price is higher than crude oil’s. Emefiele stated this in Abuja when he appeared…

Mr. Tunde Olatunji, an expert in Development Economy and Finance, has urged the Federal Government not to remove fuel subsidy as suggested by the International Monetary Fund (IMF). Olatunji, who is a member of the Osun State…

The International Monetary Fund (IMF) continues to provide Sudan with technical assistance and policy support, but it cannot offer additional financing because of the country’s arrears, a senior IMF official said. Sudan’s…

The Minister of Finance, Mrs. Zainab Ahmed and the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, will join other economic experts from around the world to discuss issues affecting global economy in Washington DC, U.S. The…