Nigeria’s inflation rate will drop to 23% by 2025 -IMF
In a recent release of its Global Economic Outlook at the International Monetary Fund/World Bank Spring Meetings in Washington D.C., ...
Thursday, December 26, 2024
Tag: IMF
Subsidies, tax breaks detrimental to production, says IMF
The International Monetary Fund has said that most industrial policies rely heavily on costly subsidies or tax breaks, which could ...
IMF demands productivity reforms to combat slow growth
The International Monetary Fund has said that countries across the world must prioritise productivity reforms to revive medium-term growth. In ...
IMF: Financial Institutions Lose $12 Billion to Cyberattacks in 20 Years
The International Monetary Fund (IMF) disclosed that financial institutions globally have incurred losses totaling $12 billion due to cyberattacks over ...
Egypt Implements IMF Directive, Raises Fuel Prices
Egypt took a significant step today by increasing the prices of several fuel products in line with its commitment to ...
IMF urges FG to reduce food prices
The International Monetary Fund has urged the Federal Government to focus on reducing the high prices of food, drugs and ...
Nigeria’s electricity, fuel subsidies may gulp N7tn – IMF
The International Monetary Fund has said Nigeria may incur an expenditure of around N7trn should the existing fuel pump price ...
IMF Urges Nigerian Government to Increase Electricity and Fuel Prices
The International Monetary Fund (IMF) has urged the Nigerian government to eliminate subsidies for fuel and electricity, stating that these ...
IMF forecasts $8bn fall in Nigeria’s 2024 foreign reserves
The International Monetary Fund has said Nigeria’s foreign reserves may fall to $24bn in 2024. The fund revealed this in ...
Nigeria’s Foreign Reserves Expected to Decline to $24 Billion by 2024, IMF Forecasts
The International Monetary Fund (IMF) has projected a significant reduction in Nigeria's foreign reserves, estimating a drop to $24 billion ...
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