Nigeria, 72 others at high risk of debt distress, IMF warns
According to a new report from the International Monetary Fund, Nigeria and 72 other countries are at high risk of debt distress.…
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IMF
Nigeria’s naira loses 10.6% of its value yearly – IMF
The International Monetary Fund (IMF) says the long-term rate of the depreciation of the naira equates to a loss of 10.6 per cent…
IMF warns CBN over eNaira, says it may reduce deposits in commercial banks
The International Monetary Fund has said the eNaira wallet may function as a deposit at the Central Bank of Nigeria and…
IMF upgrades Nigeria’s economic growth forecast to 2.7%
The International Monetary Fund, IMF, has upgraded its forecast for Nigeria’s economic growth in 2022 and 2021 to 2.7 per cent and…
Global energy prices to retreat in early 2022 – IMF
Energy prices, which have soared in recent days, are likely to remain high in the coming months but begin to retreat early next…
IMF approves another round of debt relief for poor countries, excludes…
The IMF has approved a fourth round of debt relief for 24 poor nations including new recipients Lesotho and Kyrgyzstan to help…
IMF approves $650bn to tackle covid-19 economic impact on Nigeria, other…
The Board of Governors of the International Monetary Fund on Monday approved a general allocation of Special Drawing Rights…
Nigeria’s economy gradually recovering but unemployment, inflation remain…
An International Monetary Fund (IMF) team on Thursday said that Nigeria’s economy was “gradually” recovering from the negative…
IMF projects six percent growth for global economy
The International Monetary Fund (IMF) says the global economy is projected to grow at six per cent in 2021, moderating to 4.4 per…
Nigeria, 69 other countries get $99b IMF cash
The International Monetary Fund (IMF) on Monday released its updated economic funding support totalling $99 billion to 70 emerging…