Tag: IMF

The International Monetary Fund (IMF) has noted signs of stability in Nigeria's local currency, the naira, attributing this progress to interest rate hikes and the Central Bank of Nigeria's (CBN) ...

Over the years, various industries, including agriculture, manufacturing, and services, have played key roles in contributing to the Gross Domestic Product, (GDP) of major economies. A nation's Gross Domestic Product ...

Yesterday, the International Monetary Fund revised its 2024 economic growth forecast for Nigeria downward to 3.1 percent, citing weaker growth in the first quarter of the year, Q1'24. This updated ...

The International Monetary Fund has warned the Nigerian government to remove what it called implicit fuel and electricity subsidies. In a report published recently by the IMF, the organisation told ...

The International Monetary Fund has strongly urged the Central Bank of Nigeria to unwind the regulatory forbearance granted to Deposit Money Banks during the COVID-19 pandemic. It also cautioned against ...

The International Monetary Fund (IMF) has advised the Nigerian government to increase its cash transfer initiatives to assist poor Nigerians in coping with the current cost of living crisis. Axel ...

The International Monetary Fund has stated that central banks’ decision to hike interest rates to curb inflation has been impeding housing market growth and mortgage accessibility. In a recent release ...

During a briefing at the ongoing Spring Meetings of the International Monetary Fund (IMF) and World Bank in Washington DC, Minister of Finance and Coordinating Minister of the Economy, Wale ...

Nigeria’s economy, which ranked as Africa’s largest in 2022, is set to slip to fourth place this year after a series of currency devaluations, International Monetary Fund forecasts show. The ...

The International Monetary Fund has reviewed upwards Nigeria’s economic growth forecast for 2024 from three per cent to 3.3 per cent. This revision was announced in the IMF’s World Economic ...