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UN chief welcomes IMF’s decision to approve $650bn SDRs allocation

UN Secretary-General, António Guterres, on Tuesday welcomed the decision by the International Monetary Fund (IMF) to approve a 650 billion…

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IMF approves largest SDR allocation in history to combat COVID-19 crisis

The International Monetary Fund (IMF) has approved a new allocation of Special Drawing Rights (SDR) equivalent to 650 billion U.S.…

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Nigerians speak on the country’s increasing debts

From available data from development finance institutions such as IMF and the world bank, most countries in West Africa have…

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Urgent action needed to accelerate vaccinations for 60% population – IMF

International Monetary Fund (IMF) Managing Director, Krista Lina Georgieva, says urgent action is needed to accelerate vaccinations to cover at…

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IMF executive board backs new $650bn SDR allocation

The IMF Executive Board has backed the proposal for a new general Special Drawing Rights (SDR) allocation equivalent to 650…

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Nigeria: How not to gag the media by Dan Amor

It is a sad story to tell but telling it we must. Before the advent of the present “democratic” dispensation,…

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Tanzania’s president urges public not to ignore COVID-19

Tanzania’s President Samia Suluhu Hassan on Friday urged the public not to ignore the third wave of Coronavirus (COVID-19). This…

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Africa can tap into new sources of finance – IMF

The International Monetary Fund (IMF) says Africa could tap into new sources of finance with radical transparency.   Managing Director,…

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Kenya raises $1bln through Eurobond

Kenya has raised 108 billion shillings (about $1 billion) through the issuance of a 12-year Eurobond in the international financial…

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Nigeria beginning to recover from effects of COVID-19 – IMF

The International Monetary Fund (IMF) mission to Nigeria says the Nigerian economy has started to gradually recover from the negative…

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