Business

Why IMF supports Nigeria’s land border closure

The Minister of Finance, Mrs. Zainab Ahmed, says the International Monetary Fund (IMF) “supports’’ Nigeria’s closure of its land borders because it understands the action is not punitive. Addressing newsmen in Washington on Sunday, Ahmed explained that the measure was intended to restore Nigeria’s relationship with its neighbours based on commitments made. She said that […]

Politics

South Africa will not approach IMF

(Soweto) – While there is no need for South Africa to approach the International Monetary Fund (IMF) for financial assistance, there is a need for prudency given the state of the economy. Responding to a question at a post Cabinet media briefing on Thursday, Minister in the Presidency Jackson Mthembu said government is not approaching […]