Browsing Tag


IMF says dollar overvalued

THE International Monetary Fund (IMF) said on Tuesday that the U.S. dollar was over-valued and that the value could add to growth risks and trade tensions. The IMF, in its annual External Sector Report, in Washington said China’s yuan…

IMF, CBN and loans to banks

THE International Monetary Fund (IMF) recently had cause to caution the Central Bank of Nigeria (CBN) over the loans it made available to commercial banks in the country. According to the quoted figures, the loans rose to N2.4 trillion in…

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