Tag Archives: International Monetary Fund (IMF)

As a common term in Economics and Business, a country inflation rate affects all aspects of the economy, from consumer spending, business investment and employment rates to government programs, tax policies, and interest rates. This is therefore important to understand inflation and its driving factors. This is because understanding inflation …

…Says developing countries have shown remarkable progress in using the personal income tax. Nigeria and other developing countries have been recommended by the International Monetary Fund (IMF) to investigate the revenue potential of personal income tax and, if necessary, expand it. This was revealed in a new IMF study that looked into …

The International Monetary Fund (IMF) has called for the adoption of the Nigerian Autonomous Foreign Exchange (NAFEX) window for official transactions as well as the unification of all rates to achieve a market-clearing rate. It stated this in a statement issued after a virtual meeting with Nigerian authorities from June …

Former Central Bank of Nigeria (CBN) Director of Budgeting Department, Dr Titus Okunrounmu says Nigeria’s economy can grow by between seven per cent and 10 per cent annually if the necessary measures are put in place. Okunrounmu made the projection in an interview with the News Agency of Nigeria (NAN) …

Each year, women across the world celebrate the International Women’s Day (IWD). The day is meant to direct attention to discriminatory practices against women and to rally people across the world to join forces with women to stop these practices that affect the dignity of the female gender. The theme …

The International Monetary Fund (IMF) has thrown its weight behind the Central Bank of Nigeria (CBN) in the latter’s decision directing banks to desist from transacting in/and with entities dealing in cryptocurrencies. The IMF Resident Representative for Nigeria, Mr Ari Aisen, during a special virtual press briefing on the recently …

…Projects 3.1% economic growth for Africa in 2021 The International Monetary Fund (IMF) has attributed the recent Nigeria’s social protest, (EndSARS) to economic difficulties, saying that conditions in Nigeria for the last four years have been very difficult in the wake of the decline in oil prices in 2015-16. “Since …

The delay in the implementation of the African Continental Free Trade Agreement (AfCFTA), which was scheduled to launch in July this year, could provide much-needed breathing room for Africa’s manufacturing and construction sectors. This is according to Duncan Bonnett, Director Market Access & Research at Africa House – a research …

UNESCO Laureate, Professor Sir Bashiru Aremu has advised the Central Bank of Nigeria (CBN) to ensure that the agency comply with the directives of the  International Monetary Fund (IMF) on loan provisioning Standards to avoid bad loan losses. UNESCO Laureate disclosed this to our reporter today in a press statement …

Vice-president Yemi Osinbajo, on Tuesday, met with representatives of the International Monetary Fund and the World Bank via video conference to discuss collaborative strategies for the economic stimulus packages planned by the Federal Government. The Osinbajo-led Economic Sustainability Committee had stated that it was working out a stimulus package that would …