The International Monetary Fund has approved a $1.1bn disbursement to Ukraine as part of a four-year loan program aimed at providing budgetary support. This decision comes amid continued Russian aggression and follows the IMF’s recent review of the programme, which…
The IMF has highlighted that approximately 90% of African Union economies need to enhance tax revenue collection and implement structural reforms to sustain growth. The IMF disclosed this in its “G20 Report on Strong, Sustainable, Balanced, and Inclusive Growth,” released…
The recent report from the International Monetary Fund (IMF) highlights a troubling reality in Nigeria’s economic situation. Despite rising debt costs, Nigeria continues to borrow heavily, raising concerns about its financial stability. The IMF warns that without significant changes, the…
The International Monetary Fund (IMF) member countries have elected an expanded Executive Board of 25 Executive Directors, including three representing Sub-Saharan Africa(SSA.) IMF Media Centre disclosed this in a statement on Saturday in Abuja. According to the statement, the completion…
…Says advisories, policy recommendations responsible for economic woes The Nigeria Labour Congress (NLC) has blamed the International Monetary Fund (IMF) and the World Bank alleging its influence on the Federal Government’s removal of petrol subsidy The NLC in a statement…
The International Monetary Fund (IMF) has expressed support for the Central Bank of Nigeria’s (CBN) recent interest rate hikes and foreign exchange measures, describing them as suitable steps toward stabilising the economy. This endorsement was given by Tobias Adrian, the…
..Urges FG to tackle bottlenecks in governance, regulation …As Oyetola, Sanwo-Olu woo investors By Seun Ibiyemi The International Monetary Fund (IMF), has said achieving Nigeria’s projected 3.1 percent economic growth outlook for 2024 is dependent on implementation of stronger reforms.…
The International Monetary Fund (IMF), says achieving Nigeria’s projected 3.1 per cent economic growth outlook for 2024 is dependent on implementation of stronger reforms. Dr Christian Ebeke, IMF Resident Representative, said this at the Lagos Chamber of Commerce and Industry…
The International Monetary Fund (IMF) has projected three percent growth for Nigeria in 2025. Though this is lower than 3.1 percent growth projection for Nigeria in 2024, it is higher than growth estimates of most emerging markets (EMs), according to…
By Ismail Azeez, Osogbo The Osun Civil Societies Coalition on Wednesday called on President Bola Tinubu to abandon World Bank and IMF economic policies, which they claim have worsened the suffering of Nigerians. According to the OCSC, we are using June…
