Soaring food prices and next year’s general election are threats to the country’s economy, the International Monetary Fund (IMF) has warned. In its Regional Economic Outlook...
The International Monetary Fund, IMF, said yesterday that Nigeria’s subsidy bill would hit N6 trillion by end of this year. IMF also disclosed that it had...
The International Monetary Fund (IMF) has not foreclosed granting credit facilities to Nigeria and other emerging economies within its membership, it was learnt last night. Speaking...
The IMF says central bank digital currencies (CBDCs) such as eNaira are a better bet than cryptocurrencies including bitcoins and other altcoins. The IMF Managing Director,...
The International Monetary Fund has insisted that the Nigerian government is left with no option than to stop subsidising fuel if it must make remarkable progress...
The International Monetary Fund has said some emerging markets and developing economies face immediate and serious risks of currency substitution by crypto assets. The IMF disclosed...
The International Monetary Fund has announced $650bn special drawing rights (SDRs) for member countries to boost the liquidity, with Nigeria getting $3.35 billion. Managing Director of...
The International Monetary Fund has said Nigeria’s economy is recovering gradually from the negative impact of COVID-19 but notes that both unemployment and inflation rates remain...
The International Monetary Fund (IMF) has projected growth of 2.5 per cent for Nigeria in 2021, which is one per cent higher than it predicted in...
Backs fuel subsidy removal, CBN reform policies International Monetary Fund (IMF) says despite the $3.5bn loan it gave Nigeria to cushion the effects of COVID-19 on...
