Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-World Total Foreign Exchange Holdings has hit N10.9 trillion from 1995 to 2012 according to data obtained from the International Monetary Fund (IMF) Statistics Department Currency Composition of Official Foreign Exchange Reserves (COFER) and International Financial Statistics (IFS). According to the IMF, the statistics last updated […]
World News
Niger Receives US$16.9 million Credit from IMF
By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-Western African Country Niger Republic will receive US$16.9 million Extended Credit Facility (ECF) from the International Monetary Fund (IMF). This is coming on the heels of the Executive Board of the IMF conclusion of its first review of Niger’s economic performance under the program supported […]
IMF Advise Nigeria to Wind down AMCON
Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Thursday advised the Nigerian Authorities to wind down the operations of the Asset Management Corporation of Nigeria (AMCON) in order to curb moral hazard and fiscal risks. This is part of the IMF’s Executive Board Assessment and recommendation […]
