CBN, finance ministry urged to collaborate more
The International Monetary Fund and financial experts in Nigeria have stressed the need for the monetary and fiscal authorities in the country to improve their collaboration in a bid to…
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International Monetary Fund
5 things to know about IMF’s Food Shock Window programme
The International Monetary Fund (IMF)’s Executive Board recently approved a temporary Food Shock Window (FSW) to help vulnerable countries cope with food shortages and rising costs stemming…
Mobile money agent outlets surge 380% in one year
The number of registered mobile money agent outlets per one thousand square meters in Nigeria has increased by 380.2 percent to 680.9 in 2021 from 141.8 in 2020, a BusinessDay analysis of a…
Zambia’s currency surges after $1.3 billion IMF deal
The International Monetary Fund approved 38-month arrangement with Zambia under the Extended Credit Facility (ECF) around $1.3 billion, or 100 percent of quota to the country has led to the…
Nigeria’s oil rigs rise by 37% in Q2 amidst output loss
Africa’s biggest oil-producing country has recorded a 35percent increase in oil rigs in the second quarter of 2022, data obtained from the Organisation of the Petroleum Exporting Countries,…