Tag: IMF
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FG’s Debt to China, India, IMF, Others Rises By N30tn, Full List Shows Top Creditors and Amount Owed. • The naira devaluation has increased Nigeria’s external debt by about N30.03 trillion between 2023 and June 2024 • Data from the Debt Management Office (DMO) shows that as of June 1, last year, Nigeria’s external debt…
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The International Monetary Fund (IMF) says it stands by its advice to Nigeria to remove petrol subsidy and float the exchange rate. Daily Trust reports that the Bretton Woods institutions have been accused of advising President Bola Tinubu on the present economic policies, especially the removal of subsidy from PMS as well as the floating…