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 […]
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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 […]
Nigeria’s Inflation to Drop Below 10% in 2013-IMF
By Our Correspondent Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Thursday said Nigeria’s Inflation Rate is likely to drop below 10 percent (10%) in year 2013. This is coming on the heels of the conclusion Executive Board of the IMF of 2012 Article IV consultation with Nigeria. According to […]
