The International Monetary Fund (IMF) has revised upward its growth forecast for the Nigerian economy in 2021 to 2.5 per cent from its earlier projection of 1.5 per cent it announced in January. The IMF announced the new projection in…
The International Monetary Fund (IMF), the global financial watchdog is projecting that Nigeria’s Dangote Refinery would provide an elixir for the country’s economy when it is completed and start production by 2022. In its latest report on Nigeria’s economy, the…
By Kayode Tokede The International Monetary Fund (IMF) has said that multiple rates, limited flexibility, and foreign exchange shortages pose challenges to Nigeria’s economy. IMF directors on Monday in their 2020 Article IV consultation on Nigeria economy recommended a gradual…
The International Monetary Fund (IMF) has in its latest World Economic Outlook (WEO) projected global growth for 2021 to be 5.5 per cent as against 5.2 per cent it forecast in October 2020. Gita Gopinath, Chief Economist of the fund,…
By Kayode Tokede The Fiscal Monitor 2020 report released by the International Monetary Fund (IMF) shows that the sum of $11.7 trillion, or close to 12 per cent of global GDP, was expended in fiscal actions and interventions relating to…
