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People of Nigeria
Nigerians are the citizens and nationals of Nigeria, as well as people with ancestry from there. The name Nigeria was derived from the Niger River running through the country. This name was allegedly coined in the late 19th century by British journalist Flora Shaw, who later married Baron Frederick Lugard, a British colonial administrator. Nigeria is composed of various ethnic groups and cultures and the term Nigerian refers to a citizenship-based civic nationality.
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Financial institution and UN specialized agency
The International Monetary Fund (IMF) is an international financial institution and a specialized agency of the United Nations, headquartered in Washington, D.C. It consists of 191 member countries, and its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world". The IMF acts as a lender of last resort to its members experiencing actual or potential balance of payments crises.
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The International Monetary Fund, IMF, says food prices will push more Nigerians into poverty regardless of 4.2% growth. The IMF made this projection in
The International Monetary Fund (IMF) has warned that despite Nigeria’s economic growth, poverty remains high and many Nigerians continue to suffer from rising living costs, particularly the increasing prices of food and energy. The IMF’s Division Chief in its Research Department, Deniz Igan, made this known on…
“Nigeria is supported by improved macroeconomic stability and favourable terms-of-trade effects, though higher prices for essentials are expected to further aggravate poverty and food insecurity,” the IMF said in its report Tuesday.