International Monetary Fund – InfoStride News

New IMF report seeks facility upgrade to reduce port congestion

Temitope Nlewemchi — Wed, 30 Mar 2022 20:26:09 +0000

A new report by the International Monetary Fund (IMF) has drawn attention to the severity of port congestion as a drawback to efficient supply chains, saying facility upgrades are necessary to reduce the challenge. The report – ‘Supply Chains and Port Congestion Around the World’ – draws on experiences at ports across 183 countries and [...]

Source from InfoStride News

President Buhari Approves Nigeria Delayed Record-Budget To Boost Economy

Wale Adebayo — Fri, 06 May 2016 22:37:31 +0000

President Muhammadu Buhari signed Nigeria’s biggest ever budget ending months of haggling with lawmakers over spending plans to help stimulate an economy reeling from falling crude prices. With a 6.1 trillion naira ($30.6b) budget, up 20 percent from the 2015 budget, Nigeria is looking to spend its way out of an economic slowdown and diversify [...]

Source from InfoStride News

Senator Saraki Dedicates Praise to SME Owners Over Lifting of Forex Restriction

Ade Adewale — Tue, 12 Jan 2016 17:26:07 +0000

The Senate President, Dr. Abubakar Bukola Saraki, last week broadcasted via his Twitter account that he had requested from the CBN governor, Godwin Emefiele, to look broadly into reviewing the restrictions in the Forex policy that has placed, according to Saraki, a huge discomfort on millions of Nigerians, particularly the SME owners. “After series of [...]

Source from InfoStride News

IMF chief Christine Lagarde says Boko Haram kidnappers ‘despicable’

Ade Adewale — Tue, 20 May 2014 09:00:29 +0000

International Monetary Fund chief Christine Lagarde branded Boko Haram, the Nigerian insurgents who kidnapped more than 200 schoolgirls, "despicable" on Monday. "In a deep sense, the actions of Boko Haram represent the complete antithesis of the values…

Source from InfoStride News

International Monetary Fund approves $17 billion aid for Ukraine

Ade Adewale — Wed, 30 Apr 2014 21:35:57 +0000

The International Monetary Fund approved Wednesday a $17 billion aid deal for Ukraine, even as Kiev fights to prevent pro-Moscow separatists from hiving off another chunk of the country. The IMF executive board's green light opens the way for an immediate…

Source from InfoStride News

13 Foreigners Among 21 Murdered In Kabul Restaurant Attack

David Folami — Sat, 18 Jan 2014 19:29:04 +0000

A total of 21 people, including 13 foreigners, died in a Taliban suicide assault on a popular restaurant in Kabul, police said Saturday, as witnesses gave horrific accounts of the carnage. . Desperate customers tried to hide under tables as one attacker detonated his suicide vest at the fortified entrance to the Taverna du Liban [...]

Source from InfoStride News

IMF’s hristine Lagarde: uncertainty over health of European banks

Ade Adewale — Sat, 11 Jan 2014 19:42:32 +0000

International Monetary Fund Managing Director Christine Lagarde said Thursday that question marks remain over the health of Europe's banks and that coming stress tests are a chance to build confidence in them. In an article published online by Project…

Source from InfoStride News

Ireland exits bailout programme but celebrations on hold

Adewale A. — Sun, 15 Dec 2013 17:10:48 +0000

Ireland on Sunday became the first eurozone nation to leave its bailout programme but celebrations were muted as the country faces more austerity despite the end of the three-year rescue package. Dublin turned to the International Monetary Fund and…

Source from InfoStride News