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Increase in VAT charges will plunge more Nigerians into extreme poverty, Oxfam warns

By Nimake Earland Oxfam Nigeria has decried that the sharp increase in Value Added Tax (VAT) just as it will…

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IMF lauds FG’s management of COVID-19 pandemic

The International Monetary Fund (IMF) has lauded the Federal Government’s proactive management of the COVID-19 pandemic and its economic impacts.…

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Pakistan approves new measures to revive IMF stalled bailout

Pakistan’s parliament has approved new financial measures to raise additional taxes to meet a key condition by the International Monetary…

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Zambia may seek longer to repay debts – Minister

Zambia may seek talks with creditors to extend its debt repayments after reaching a preliminary deal with the International Monetary…

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IMF agrees to revive stalled $6bn bailout for Pakistan

The International Monetary Fund (IMF) has agreed to revive a six billion dollar bailout package for Pakistan, a move that…

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Okonjo-Iweala, others bag CIBN awards

The Director-General of the World Trade Organization, Dr Ngozi Okonjo-Iweala, says Nigeria’s banking sector has contributed immensely to the development…

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Saudi Arabia announces cash, oil boost for Pakistan’s ailing economy

Saudi Arabia will deposit three billion dollars in Pakistan’s central bank and provide oil on deferring payments to help the…

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IMF Chief Georgieva speaks after allegations of data manipulation

Following allegations of data manipulation in favor of China, the head of the International Monetary Fund (IMF), Kristalina Georgieva, plans…

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Tunisia unveils new govt but with no sign of end to crisis

Tunisia’s president unveiled a new government on Monday but gave no hint when he would relinquish his near total control…

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Developing countries to receive $275bn as IMF commences distribution of $650bn SDRs

Developing countries are expected to receive $275 billion dollars out of the International Monetary Fund’s (IMF) $650 billion dollars Special…

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