One week after the 2016 annual meetings of the International Monetary Fund (IMF)/World were concluded, the Minister of Finance, Mrs. Kemi Adeosun has explained that Nigeria was able to secure a profound commitment of international investors as a result of the specific requests presented...
The Federal Government has reached an agreement with the World Bank Group and other development partners for the release of $1.3bn for the take-off of the Development Bank of Nigeria.
The Minister of Finance, Mrs. Kemi Adeosun, said thisin Washington DC, United States of America...
The International Monetary Fund is prepared to lend money to Nigeria and other countries facing economic crisis at zero interest rate in order to stimulate their recovery.
The Managing Director, IMF, Christine Largade, said this in Washington DC, United States, at the ongoing annual meetings...
The Vice President and Treasurer of the World Bank, Arunma Oteh has disclosed that less than 20 per cent, which is approximately 1.6 billion Muslim population across the world have access to financial services.
According to her, the growing products in Islamic finances are capable...
The World Bank Group President, Jim Yong Kim has outlined three fundamental pillars that will drive momentum toward achieving the organisation’s goals of ending extreme poverty by 2030 and boosting shared prosperity.
“We will achieve these goals in three ways: One: accelerating inclusive and sustainable...
Plans by the Federal Government to borrow billions of dollars from the World Bank to plug its budget deficit have run into delays as the international lender is demanding for further reforms from the government as a condition for any loan.
This came barely one...