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Forex Restrictions Not Impeding FDIs, Emefiele Insists

The Central Bank of Nigeria Governor, Mr. Godwin Emefiele, on Sunday disagreed with the International Monetary Fund (IMF) that foreign exchange restrictions place on...

IMF Raises Nigeria’s 2019 Growth Forecast to 2.3%

Obinna Chima The International Monetary Fund (IMF) has raised Nigeria’s Gross Domestic Product (GDP) projection for 2019 to 2.3 per cent, up from the 1.9...

Again, IMF Urges Nigeria to Expand Tax Base, Streamline Currency Policy

Nigeria should widen its tax revenue base to finance growth-enhancing upgrades to the nation’s infrastructure and social programmes, a senior International Monetary Fund official...

IMF: Domestic Revenue Mobilisation, Challenge Facing Nigeria, Others

Obinna Chima The International Monetary Fund (IMF) has identified domestic revenue mobilisation as one of the most pressing policy challenges facing Nigeria and other African...

IMF Projects 2.1% GDP Growth for 2018, Welcomes Reforms

By Obinna Chima The International Monetary Fund (IMF) has stressed the need for urgent macroeconomic and structural reforms in Nigeria, in order to place the...

  IMF Advises Nigeria to Recapitalise Banks  

WINDOW STORY •External reserves now $34bn as CBN predicts organic convergence of exchange rates   By Obinna Chima   Following the intense weakening of Nigeria’s macroeconomic environment, resulting in...