Mohammed Idris, the Minister of Information and National Orientation, has confirmed that Nigeria has fully repaid the 3.4 billion dollars COVID loan from the International Monetary Fund (IMF). The Minister said this while briefing State House Correspondents after the sixth Federal… Nigeria fully repays $3.4bn IMF loan – Minister …C0NTINUE READING HERE >>>>
Human rights lawyer, Femi Falana, SAN, has urged the Economic and Financial Crimes Commission, EFCC, and the Independent Corrupt Practices and Other Related Offences Commission, ICPC, to probe the alleged diversion of the $3.4 billion loan obtained from International Monetary… Falana demands probe into alleged diversion of $3.4bn IMF loan …C0NTINUE READING HERE >>>>
The Federal Government of Nigeria has cleared the $3.4bn International Monetary Fund, IMF, COVID-19 loan. The IMF removed Nigeria from its credit outstanding list for the period covering May 1 to May 6, 2025. In the list published by the international finance body, at least 90… Nigeria clears $3.4bn IMF COVID-19 loan …C0NTINUE READING HERE … Read more
Ondo South Senator, Jimoh Ibrahim, has faulted Africa’s economic outlook from World Bank and International Monetary Fund (IMF). Henzodaily reported that the World Bank projected that more Nigerians would fall below the poverty line in 2027. The Chairman, Senate… IMF Data Is Weak, Unreliable …C0NTINUE READING HERE >>>>
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has stated that the apex bank’s policies are yielding the necessary results to stabilise the nation’s economy. Henzodaily reports that Cardoso said the apex bank would continue its efforts to sustain… World Admires Nigeria For Taking Difficult But Necessary Reforms …C0NTINUE READING HERE >>>>
Former Peoples Democratic Party (PDP) governorship aspirant in Ogun State, Segun Showunmi, has advised Peter Obi to relocate to Indonesia if he prefers the country to Nigeria. Henzodaily reported that the PDP Chieftain, on Friday, accused the former Labour Party presidential… If You Love Indonesia So Much Relocate There …C0NTINUE READING HERE >>>>
The Managing Director of the International Monetary Fund, IMF, Kristalina Georgieva, on Thursday urged countries to swiftly resolve trade disputes that threaten global economic growth. Georgieva said the unpredictability arising from President Donald Trump’s aggressive… Resolve trade tensions inimical to global economic growth – IMF tells countries …C0NTINUE READING HERE >>>>
Recently, the leadership of the Nigeria Labour Congress (NLC) hosted a two-member delegation from the International Monetary Fund (IMF), comprising the IMF’s Resident Representative for Nigeria, Christian H. Ebeke, and Axel Schimmelpfennig from Washington, D.C. Henzodaily… Your Reforms Have Only Exacerbated Living Condition Of Nigerians …C0NTINUE READING HERE >>>>
The International Monetary Fund, IMF, has advised Nigeria to be prudent in spending after the implementation of hard economic reforms that has made it to save more revenue. The Director, Fiscal Affairs Department IMF, Vitor Gaspar, gave this advice at a Fiscal Monitor news… Be prudent in spending – IMF tells Nigeria …C0NTINUE READING HERE … Read more
The International Monetary Fund (IMF), has urged Nigeria to be prudent in spending following implementation of hard economic reforms that has made it to save more revenue. The Director, Fiscal Affairs Department IMF, Vitor Gaspar, said this at a Fiscal Monitor news conference at the… IMF urges Nigeria to be prudent in spending …C0NTINUE READING … Read more