Updates

IMF Managing Director Kristalina Georgieva Creates External Advisory Group

April 10, 2020/IMF · IMF Managing Director Kristalina Georgieva names a group of prominent individuals to serve as her new External Advisory Group. · The eminent group from around the world draws on high-level policy, market, and private sector experience to provide insights to enhance the Fund’s ability to serve […]

The 9th OPEC/Non-OPEC Declaration of Cooperation Ministerial Meeting to curtail crude oil production up to ten million barrels

It is expected that this historic intervention when concluded will see crude oil prices rebound by at least $15 per barrel in the short term April 10, 2020/Centurion Law Group Nigeria has joined other OPEC+ counterparts in a historic curtailment of crude oil production to rebalance and stabilize the global […]

IMF Approves Proposals to Enhance the Fund’s Emergency Financing Toolkit to US$100 Billion

April 9, 2020/IMF The Covid-19 pandemic is taking a human toll and has unleashed a series of shocks on the Fund’s entire membership, creating severe disruption in the global economic and financial system. As a result, many emerging market and developing country (EMDC) members face urgent and unprecedented financing needs, […]