28 C
Lagos
Sunday, April 18, 2021
More
    Array

    breaking-imf-ranks-nigeria-second-worst-in-the-world-in-use-of-sovereign-wealth-fund

    Must Read

    Again, suspected herdsmen invade Benue Community, kill 11 residents, injure scores

    Suspected Fulani herdsmen militias have invaded Mbakyondu, in Gwer-West Local Government Area of Benue State, killing no fewer that...

    Banditry attacks: Katsina deploys dogs to secure boarding schools

    Katsina has approved the deployment of dogs to complement security arrangements to secure boarding schools in the State. Commissioner for...

    Active cases of COVID-19 rises to 7,782 as NCDC confirms more infections

    Active cases of COVID-19 rises to 7,782 as NCDC confirms more infections The total active cases of coronavirus (COVID-19) across...

    The International Monetary Fund has ranked Nigeria as the second worst country in the world in the use of sovereign wealth funds.

    According to the Fiscal Monitor report released on Wednesday, Qatar was the only country worse than Nigeria on the index.

    The Bretton Wood institution said the index was compiled using the corporate governance and transparency scores of the sovereign wealth funds and the size of assets as a percentage of 2016 GDP of the countries considered.

    More to follow…

    Source: TheCable

    - Advertisement -

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    - Advertisement -

    Latest News

    Again, suspected herdsmen invade Benue Community, kill 11 residents, injure scores

    Suspected Fulani herdsmen militias have invaded Mbakyondu, in Gwer-West Local Government Area of Benue State, killing no fewer that...
    - Advertisement -

    More Articles Like This

    - Advertisement -