Tag: IMF

On Tuesday, the Naira made no movement against the US dollar in the Investors and Exporters (I&E) segment of the foreign exchange (FX) market, remaining at N461.50/$1. This came as ...

The International Monetary Fund has attributed the current global inflationary pressure to the dramatic increase in shipping costs. In a new report titled “the costs of misreading inflation,” the lender ...

According to the International Monetary Fund (IMF), the global economy will have a tougher year this year, with one-third of the world expected to enter a recession. Ms Kristalina Georgieva, ...

The International Monetary Fund (IMF) has urged oil exporters in Sub-Saharan Africa, including Nigeria, to aim for buffers of 5 to 10% of GDP to manage large oil price swings. ...

The International Monetary Fund (IMF) has reduced Nigeria's projected GDP growth for 2022 from 3.4% to 3% due to the country's low oil production and the severe impact of flooding. ...

The International Monetary Fund (IMF) has advised the Central Bank of Nigeria to prepare to further tighten liquidity, coming ahead of the Monetary Policy Committee meeting which begins on Monday. ...

The International Monetary Fund (IMF) has stated that rising inflation and fuel subsidy costs are draining Nigeria's fiscal revenues, which are primarily earned from taxes, duties, and other sources, especially ...

The International Monetary Fund (IMF) has insisted that for Nigeria to benefit from the oil and gas sector with the newly restructured Nigerian National Petroleum Company (NNPC), there needs to ...

The International Monetary Funds (IMF) has asked the Nigerian Government to consider the complete removal of fuel subsidy. IMF Managing Director, Christine Lagarde, who said this at a press conference ...