IMF

Nigeria has been designated as a non-cash society by the World Bank, IMF and ECOWAS, among other stakeholders, with effect from March 1. This was disclosed by Modibbo HammanTukur, the chief executive of Nigeria Financial Intelligence…

Ghana has agreed on a $3 billion credit deal with the International Monetary Fund, the multilateral lender said on Tuesday, as the country battles its worst economic crisis in decades. The West Africa state is facing more than 40 percent…

The International Monetary Fund has said that Nigerians should brace up for higher food prices/ risks in 2023 due to recent floods and high fertilizer prices. According to the National Bureau of Statistics, food inflation hit 23.72 per…

African countries must discard the water privatisation agenda being pushed by Bretton Woods Institutions, a civil society group has warned. Florence Ifeanyi-Aneke, head of non-profit New-Life Community Care Initiative (NELCCI), alleged…

President Muhammadu Buhari’s regime is looking to acquire funds from the International Monetary Fund (IMF) and is in talks with the World Bank to restructure the country’s debts. Finance minister Zainab Ahmed also disclosed plans to take…

The International Monetary Fund (IMF) has charged Nigeria to brace up for the effect of climate change and this year’s floods. IMF African Department official, Mai Farid stressed that food prices will most likely increase. Farid gave…

The Food and Agriculture Organisation (FAO), International Monetary Fund (IMF), World Bank Group (WBG), World Food Programme (WFP), and World Trade Organisation (WTO) want urgent action to address the global food crisis. FAO…

Vice President Yemi Osinbajo says a Pan-African initiative articulated and promoted by leaders of the continent on a global Net-zero emissions target by 2050-2060 will further advance the quest for a just energy transition. Osinbajo’s…

The International Monetary Fund has said inflation, debt, and forex crisis is pushing the Nigerian economy and other African economies to the brink. The Managing Director of the IMF, Kristalina Georgieva, said ministers of finance and…