Managing Director of the International Monetary Fund, IMF, Christine Lagarde, is in Nigeria on a four-day visit.
Lagarde is in the country to hold talks with President Muhammadu Buhari and other key policy makers concerning economic developments affecting Nigeria. She arrived Nigeria on Monday
According to a statement issued by the IMF, “The visit to Nigeria will provide an opportunity to strengthen the Fund’s partnership with the largest economy in sub-Saharan Africa.”
“Nigeria is working hard to improve its business environment, promote opportunities for growth in the private sector, and strengthen social cohesion, all areas where the government has an important role to play,” Lagarde said
She added that her discussions with Buhari would focus on various economic issues, especially the impact of the declining crude oil prices on the country’s economy.
The decision of the Central Bank of Nigeria, CBN, to float the country’s currency last week has received the backing of the International Monetary Fund, IMF, which once advised Nigeria to take such decision last year. The CBN announced last Wednesday that the market will now determine the exchange rate…
President Mohammadu Buhari is expected to leave the shores of Nigeria and be in Malabo, Equatorial Guinea, on Monday. The Nigerian leader will hold bilateral talks on regional security with his counterpart in the Central African country, Nguema Mbasogo. Also, they will discuss the rescheduling of the joint summit of…
The International Monetary Fund (IMF) has noted that the non-oil sector of the Nigerian economy could be stronger, benefitting from its recent growth momentum, higher production from the new Dangote Refinery, and supportive credit policies. In IMF’s Executive Board 2021 Article IV Consultation with Nigeria released recently, the global organisation…
IMF Boss In Nigeria For Talks https://t.co/BNZCjoMHZA