A devaluation is the downward adjustment of the value of a country’s money relative to another official exchange rate. It reduces the cost of a […]
Tag: IMF
IMF Urges Nigeria to Prioritize Social Safety Nets Amid Downstream Oil Crisis
As Nigeria grapples with rising fuel prices and supply challenges in the downstream oil sector, the International Monetary Fund (IMF) has called on the Federal […]
IMF Recommends CBN to License Cryptocurrency Dealers
The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to issue operating licenses or register cryptocurrency dealers. This recommendation is part […]