The federal government 2017 budget recorded an 86 per cent implementation, the Minister of Budget and National Planning, Sen. Udoma Udo Udoma, has disclosed. He told...
The International Monetary Fund (IMF) has said Nigeria needs to be cautious of the current depletion in its foreign reserves, noting that the normalization of interest...
The Statistician-General of the National Bureau of Statistics (NBS), Yemi Kale, said the clashes between farmers and herdsmen slowed down the rate of growth in Nigeria’s...
The World Bank said it is making plans to increase its funding to Nigeria by $4.5 billion over the next three years. The Vice President of...
The International Monetary Fund (IMF) has raised its growth projection for the Sub-Saharan Africa’s economy to 3.8 percent in 2019 from 2.8 percent in 2017, implying...
The International Monetary Fund (IMF) has said Nigeria’s 2018 economic outlook remains challenging as the economy is characterized by low private sector lending and short-term foreign...
Nigeria has been advised to widen its tax revenue base to fund infrastructural projects and social development programs capable of spurring growth in the nation’s economy....
A former Minister of Finance, Ngozi Okonjo-Iweala recently narrated how she was embarrassed, and kicked out of the Presidential Villa, Abuja. She also narrated that she...
Minister of Budget and National Planning, Senator Udoma Udo Udoma, has told senior staff of the Fiscal Affairs Department of the International Monetary Fund (IMF) that...
THE International Monetary Fund (IMF) has described Nigeria’s debt to revenue ratio, which it put at 63 per cent, as being “extremely high” and advised that...
The Executive Board of the International Monetary Fund (IMF) on Wednesday, said that though Nigeria’s economy is exiting recession, it is still however vulnerable. It stated...
The President Muhammadu Buhari-led Federal Government has been knocked again with the claim by the International Monetary Fund (IMF) that Nigerians are getting poorer. The development,...
The International Monetary Fund (IMF) has commented on the state of Nigeria’s economy, noting that despite exiting recession, the country’s economy remained vulnerable. While welcoming actions...
The International Monetary Fund (IMF) has cautioned that Nigeria should carefully manage its debt profile as it could be worse if nothing is done to cushion...
Though Nigeria expected to witness a slight Economic growth of 0.8 per cent by the end of 2017, it is lesser than projected growth rates in...
Nigeria’s economy is expected to grow at a faster rate than South Africa’s in the 2018 fiscal year. This is based on International Monetary Fund (IMF)...
Though developing countries would be disadvantaged if all barriers on trade are removed, the International Monetary Fund (IMF), the World Bank and the World Trade Organisation...
Africa is undeterred by the failures of the past and the continent is motivated by the incredible energy and talent of its bustling youthful population, according...
The IMF/World Bank Spring Meetings ended in Washington on Sunday with the World Bank’s leadership giving indications that Nigeria’s economic woes were about to end. In...
For the third consecutive week, Nigerian equities traded mostly in the negative as investors sustained a tight balance of profit-taking on the back of the concluding...
Of the 189 country-list of the International Monetary Fund (IMF) on its official website published as the only nations, which the Fund is working with in...
The International Monetary Fund (IMF) has given Nigeria a hard knock over its policy of guiding the naira to appreciate in value through weekly pumping of...
One female employee of the International Monetary Fund (IMF) was injured on Thursday when a letter bomb exploded in her face while trying to open it,...
Findings have revealed how the Federal Government intends to recoup the $2.9 billion to be spent on the rebuilding of the Abuja Airport runway. To recoup...
The Federal government has exhibited an apparent readiness to sell government’s equity holdings in the national assets in Nigeria, in line with one of the conditions...
In spite of what looks like Nigeria’s delisting of the International Monetary Fund (IMF) from creditor institutions for its current quest for loan facilities, its management...
For insisting that Nigeria must officially devalue its local currency, the naira, the Federal Government may have closed all intention of seeking for loan facilities from...
There is now every indication that Nigeria has accepted to divest Federal Government equity holdings and shares in most national assets as it has targeted raking...
Nigeria may lose its application to secure part of a $30 billion loan from the IMF because of its current policy that favours tying its economy...
Barely a week after the International Monetary Fund (IMF) predicted Nigeria’s exit from recession in 2017, it has idendified fresh huddles that could make the envisioned...
The International Monetary Fund (IMF) has listed four African countries among emerging economies that have developed quicker positive growth index for the next 10 years, without...
If Nigeria must come out of recession and benefit from recent reforms, it must embrace increased structural adjustment, the International Monetary Fund, IMF, has said. The...
Nigeria’s Minister of Finance, Mrs Kemi Adeosun, has accused western powers of frustrating efforts by the nation in addressing its power challenges. Adeosun, who spoke in...
The International Monetary Fund (IMF) has handed down harsher conditions for Nigeria to meet before being bailed out of its present economic recession. This was disclosed...
Apparently bowing to various pressures, Nigerian government has resolved to shun foreign loans in preference to sourcing about N2.23 trillion through internal sources for funding the...
Two months after the government of Angola (Africa’s biggest oil producer) broke off talks with the IMF over emergency funding; President José Eduardo dos Santos has...
Jolted by the outcry over slow implementation of the 2016 budget, Nigeria’s government is said to have intensified search for funds with which to executive a...
After the much celebrated declaration of the Nigerian economy as the largest in Africa and 26th in the world, South Africa has pushed the country back,...
The recent prediction by the International Monetary Fund (IMF) that the Nigerian economy is heading towards recession falls in line with forecasts made by many analysts...
The International Monetary Fund, IMF, has painted a further grim picture for the Nigerian economy, saying it will contract in 2016. This, the fund said is...
The Academic Staff Union of Universities (ASUU) has taken a look at the overall performance of the President Muhammadu Buhari-led administration, and concluded that it has...
Blomberg…History is repeating itself in Nigeria, where the more President Muhammadu Buhari is urged to devalue the naira, the more he digs in his heels. Investors...
The Federal Government has rejected the International Monetary Fund (IMF) offer to loan Nigeria money. A statement from the federal ministry of finance stated that Finance...
In from Ali Smart . . . August visitors hardly visit in August and so it was with Ms. Christine Largarde, the Managing Director of the...
Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, who arrived Nigeria on Monday on a four day official visit is to meet with...
Nigeria may still go borrowing in 2016 to shore up its revenue, and finance its budget as the International Monetary Fund (IMF) Thursday predicted that crude...
In from Success Allantee . . . Rwanda and Uganda have become the first East African countries to become members of Africa Finance Corporation (AFC), bringing...
To survive the global crash in crude oil prices, African countries whose economy are tied to the sale of the product will need to address fuel...
The African Development Bank (AfDB) has announced plans to institute a $200 million Partial Risk Guarantee (PRG) to support coal-to-power investment in the country. This is...