Tag: International Monetary Fund

In April, the IMF had earlier projected Nigeria's growth to be 3.3 per cent in 2024, but lowered its forecast ...

According to a forecast by the International Monetary Fund, Nigeria’s subsidy spending for 2024 could rise to 3 per cent ...

The president approved Mr Kyari’s request on 6 June, a report has said.

Earlier in February, the Nigerian government shut down the operations of Binance and other crypto-asset trading platforms

Market data published on the FMDQ website on Wednesday indicated that the naira closed at N1,072.74 against N1,148.14 recorded in ...

The two-day Seed Business Summit themed: “Building a Harmonised Roadmap for Seed Sector Transformation”, will be held 25-26 March in ...

Raise the monetary policy rate at the next Monetary Policy Committee (MPC) meeting to make it positive in real terms ...

Africa’s richest man and the founder of Dangote Group, Aliko Dangote is among the business big shots that are attending ...

At the current official market rate of N767 per US dollars, the amount is equivalent to N15.3 trillion.

The CBN says only N503 billion or 52.39 of loans it disbursed under the Anchor Borrowers' Programme (ABP) had been ...

A year of reckoning approaches, with 20 elections and a wall of over 10 bond redemptions due in 2024.

IMF also advises the incoming government of President-elect Tinubu to drastically reduce dependence on debt to fund expenditure.

Four global scenarios capturing all reasonable outcomes show why rapprochement between the West and China is vital.

IMF noted that debt levels remain high, limiting the ability of fiscal policymakers to respond to new challenges.

Unilever said in a statement in March it would end its homecare and skin-cleansing businesses “to concentrate on higher growth ...

Mrs Masha is the first African to hold the position since G24 was founded in 1971

The IMF, however, said the weak effect of agricultural credit on production growth could be associated with difficulties in targeting ...

The normal excitement about who may win is being overtaken by a fear that the election may not hold due ...

Mr Emefiele’s grasp of basic economics is abysmal. Cash in circulation does not fuel inflation.

The world leaders emphasised that food inflation remains high across the world

"Present your presidential candidate for Town Hall meetings, debates and interviews by the independent media that last for more than ...

The barter of gold for oil represents a major structural change, an official said

"That modus operandi, whereby the central bank is financing deficits is going to complicate things in terms of inflation fighting."

The bank says it is ready to help Nigeria if needed, according to Bloomberg.