COVID-19 Outbreak Is An Additional Test To Banks’ Resilience – IMF
The International Monetary Fund (IMF) has stated that the COVID-19 pandemic is an additional test to banks’ resilience, stressing that profitability pressures were likely to...
Tag : IMF
Global Banks Will Struggle To Survive For 5-Years After COVID-19 – IMF
The International Monetary Fund (IMF) hand warned banks to prepare for the worst economy ever, adding that banks would struggle in the next five years...
Industry Downturn In Angola Presents Opportunities For Local Content And Marginal Players
BY DAYO ADESULU With an economic recession expected at -1.4% by the International Monetary Fund (IMF) this year, Angola is expected to be less hit...
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IMF Approves $43.4m To Djibouti To Fight COVID-19 And Debt Relief CCRT
BY DAYO ADESULU The International Monetary Fund, IMF Executive Board has approved a US$ 43.4 million loan to Djibouti to support the authorities’ response to...
IMF Approves $411 Emergency Assistance For Ethiopia
BY DAYO ADESULU The International Monetary Fund, IMF has approved $411 million in emergency assistance for Ethiopia to help fight the coronavirus pandemic in the...
IMF Approves a US$91m Disbursement Rapid Credit Facility For Malawi
BY DAYO ADESULU The International Monetary Fund has approved a disbursement of US$91 million under the Rapid Credit Facility to help Malawi meet the urgent...
IMF Approves $200m To Mali To Address COVID-19 Pandemic
BY DAYO ADESULU The International Monetary Fund, IMF has approved a disbursement of US$200 million under the Rapid Credit Facility to help Mali meet...
IMF Confirms Ghana’s Requests For RCF Disbursement To Fight Coronavirus
BY DAYO ADESULU International Monetary Fund, IMF’s African Department Director, Abebe Aemro Selassie has confirmed that the IMF received Ghana’s request for disbursement of rapid credit...
Why CBN Yields To World Bank, IMF To Devalue Naira
BY LEVI JOHNSON The Central Bank of Nigeria (CBN) lead by its governor Mr Godwin Emefiele on Friday officially devalued the naira to N380 to...
$15.3b Rising Nigeria’s Debt Profile: No Shaking, We’ve Not Exceed Our Debt Limit – FG
BY DAYO ADESULU Federal Government has said there is nothing to worry about Nigeria’s rising debt profile of $15.3 under Present Muhammadu Buhari’s administration. Lai...