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 ...
In a recent release of its Global Economic Outlook at the International Monetary Fund/World Bank Spring Meetings in Washington D.C., on Tuesday, the IMF provided projections for Nigeria’s economy, indicating ...
The International Monetary Fund has said that most industrial policies rely heavily on costly subsidies or tax breaks, which could be detrimental to productivity and welfare if not effectively targeted. ...
The International Monetary Fund has said that countries across the world must prioritise productivity reforms to revive medium-term growth. In a piece on its website on Wednesday, the IMF stated ...
The International Monetary Fund (IMF) disclosed that financial institutions globally have incurred losses totaling $12 billion due to cyberattacks over the past two decades. Out of this sum, $2.5 billion ...
Egypt took a significant step today by increasing the prices of several fuel products in line with its commitment to the International Monetary Fund (IMF). This decision is part of ...
The International Monetary Fund has urged the Federal Government to focus on reducing the high prices of food, drugs and transportation through the implementation of social protection measures. The IMF’s ...
The International Monetary Fund has said Nigeria may incur an expenditure of around N7trn should the existing fuel pump price cap and electricity subsidy be upheld in 2024. The fund ...
The International Monetary Fund (IMF) has urged the Nigerian government to eliminate subsidies for fuel and electricity, stating that these supports are costly and ineffective in aiding the most vulnerable ...
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