New Telegraph

  1. Home
  2. IMF

Tag: IMF

Falana Sends Strong Message To Tinubu Over Fuel, Electricity Subsidy

Falana Sends Strong Message To Tinubu Over Fuel, Electricity Subsidy

President Bola Tinubu-led Federal Government has been urged by human rights lawyer Femi Falana (SAN) to resist pressure from the International Monetary Fund (IMF) to raise fuel and electricity costs. Falana in a statement issued on…

Hardship: IMF Urges Tinubu Govt To Phase Out Electricity Subsidy

Hardship: IMF Urges Tinubu Govt To Phase Out Electricity Subsidy

In a bid to cushion the effect of the hardships Nigerians have experienced in recent times due to the elimination of fuel subsidy, the International Monetary Fund (IMF) has called on the Federal Government to…

IMF: Nigeria Facing Worsening Economic Crisis

IMF: Nigeria Facing Worsening Economic Crisis

The International Monetary Fund (IMF) has listed that stalled per-capita growth, poverty and high food insecurity have exacerbated the ongoing cost-of-living crisis in Nigeria. The IMF made these remarks in its recent report titled, “IMF…

Inflation: IMF Asks CBN To Increase Interest Rate

Inflation: IMF Asks CBN To Increase Interest Rate

In a bid to tackle Nigeria’s high inflation rate head-on, the International Monetary Fund (IMF) has advised the Central Bank of Nigeria(CBN) to raise interest rates in the upcoming Monetary Policy Committee meeting. Julie Kozack,…

Nigeria Seeks $1.5bn Loan From World Bank

Nigeria Seeks $1.5bn Loan From World Bank

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has revealed that Nigeria is seeking  a $1.5 billion loan from the World Bank to support its budget, while the International Monetary Fund…

How Brain Drain In Nigeria Can Boost Remittances – IMF

How Brain Drain In Nigeria Can Boost Remittances – IMF

The Federal Government has been advised to capitalise on the brain drain problem in the nation, Saturday Telegraph reports. The International Monetary Fund (IMF) who made the call in a statement by its Director for…

IMF Urges Nigeria And Sub-Saharan Africa To Cut Fiscal Deficit

IMF Urges Nigeria And Sub-Saharan Africa To Cut Fiscal Deficit

Nigeria and other Sub-Saharan African nations have been cautioned by the International Monetary Fund (IMF) to cut their fiscal deficits by 3% in order to prevent the escalation of debt crises. Fabio Cormelli, an economist…

Emefiele: DSS Arrests CBN Deputy Governor, Kingsley Obiora

Emefiele: DSS Arrests CBN Deputy Governor, Kingsley Obiora

The Deputy Governor of the Central Bank of Nigeria (CBN) in charge of economic policy, Kingsley has been reportedly arrested by the operatives of the Department of State Services (DSS). It was widely reported that…

Ghanian Minister Resigns For Corruption Charges

Ghanian Minister Resigns For Corruption Charges

A Ghanaian Minister who resigned over the weekend after her domestic worker allegedly stole more than $1 million in cash from her home has been arrested for suspected corruption, a special prosecutor said. Ghana Special…

France Hosts Summit For New Financial System

France Hosts Summit For New Financial System

On Thursday, France hosted a summit to boost crisis financing for low-income countries, reform post-war financial systems, and free up funds to tackle climate change. Dignitaries at the world summit tagged, “Summit for a New…