The International Monetary Fund (IMF) has warned that China’s slowing economy will negatively affect Nigeria’s economic growth by as much as 0.5 points on average. The...
The Trade Union Congress of Nigeria (TUC) has lamented the continuous decline of the naira and its debilitating effects on the side on workers, through inflation....
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, on Wednesday, raised the alarm that the war between Israel and Hamas is already battering...
Positive response to the economic reform measures undertaken by the administration of President Bola Tinubu has turned Nigeria into the first consideration for Foreign Direct Investment...
The International Monetary Fund (IMF) has raised an alarm over the ongoing war between Israel and Hamas Islamist militants, comparing it to “a new cloud on...
Nigeria’s inability to maximise its oil and gas production quota has forced the International Monetary Fund (IMF) to downgrade the country’s economic growth by 0.3 percentage...
The International Monetary Fund (IMF) said the average debt ratio to gross domestic product (GDP) in sub-Saharan Africa has increased to 60 per cent as of...
The International Monetary Fund (IMF) said global debt increased to $235 trillion in 2022, which is 238 percent of the global gross domestic product reported last...
The International Monetary Fund (IMF) has disclosed that $7 trillion was spent by governments across the world on fossil-fuel subsidies in 2022. In a report obtained...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
The International Monetary Fund (IMF) has stated that the adoption of Nigeria’s digital currency, eNaira, by Nigerians has been disappointingly low. In a report dated May...
The International Monetary Fund (IMF) has approved the Ghanaian government’s request for a $3 billion loan. Ghana had requested the loan following a financial crisis that...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the growth projection of the International Monetary Fund (IMF) for Nigeria’s economy in...
The International Monetary Fund (IMF) has asked Nigeria to be intentional in making changes to cut borrowing. The global institution specifically called on the Nigerian government...
These top 10 stories across the nation’s newspapers might interest you. 1. Obi-Datti Campaign Council confirms Obi’s arrest, detention in UK The Obi-Datti Presidential Campaign Office...
The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to maintain its current monetary policy rates to control inflation. IMF stated this...
Financial and economic experts at the International Monetary Fund (IMF) have projected a possible global recession amid fear of a financial crisis in the global banking...
The International Monetary Fund (IMF), has approved a first tranche of $330 million bailout funds for debt-ridden Sri Lanka in order to help the country put...
The International Monetary Fund (IMF) has revealed that the repayment of loans under the Anchor Borrowers’ Programme (ABP) of the Central Bank of Nigeria (CBN) is...
These top 10 stories across the nation’s newspapers might interest you. 1. NAIRA SWAP: Supreme Court cancels CBN’s Feb 10 deadline The Supreme Court on Wednesday...
The International Monetary Fund (IMF) has waded into the current naira scarcity in Nigeria by calling on the Federal Government and the Central Bank of Nigeria...
The International Monetary Fund (IMF) on Wednesday raised Nigeria’s 2023 economic growth projection to 3.2 percent. In its January 2023 World Economic Outlook (WEO) titled: “Inflation...
The Central Bank of Nigeria (CBN) has countered the projections of the Federal Government and the International Monetary Fund (IMF) for Nigeria’s economy in 2023. On...
The global crude oil price has continued to hover around $75 to $84 per barrel in the last few weeks and experts believe it could drop...
The International Monetary Fund (IMF) has warned oil exporting countries in Africa to save earnings from the boom in crude oil price, as transition to low-carbon...
The International Monetary Fund (IMF) has offered advice to the Central Bank of Nigeria (CBN) on exchange rate management, and how to solve the Naira’s depreciation....
These top 10 stories across the nation’s newspapers might interest you. 1. INEC to print 187m ballot papers for 2023 presidential election The Independent National Electoral...
The International Monetary Fund (IMF) has expressed doubt about the reported volumes of fuel consumed in Nigeria. The Nigerian National Petroleum Company (NNPC) Limited has consistently...
The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth projection for 2022 to 3.2 percent. The organisation made this known in its World Economic Outlook...
The International Monetary Fund (IMF) has ranked Nigeria in 11th place among countries with the highest private savings in Sub-Saharan Africa (SSA). IMF stated this in...
Retail and institutional investors in the equity market are at risk of having their investment influenced by bitcoin and other cryptocurrency volatility, according to the International...
The International Monetary Fund (IMF) retained the 3.4 percent growth projection for the Nigerian economy this year despite soaring inflation, and the country’s inability to cash...
The International Monetary Fund (IMF) has hinted that it will change the institution’s global growth forecast in the wake of soaring historical inflation rate, induced by...
President Muhammadu Buhari on Tuesday explained why he ignored the World Bank and International Monetary Fund (IMF) advice to remove fuel subsidy in the country. The...
The International Monetary Fund (IMF) has again raised concern about the rising Federal Government fiscal deficit, warning it could hit 6.1 per cent of the nation’s...
The International Monetary Fund (IMF) has revealed that it has assisted Nigeria with over $6.8 billion following the outbreak of the COVID-19 pandemic in 2020. The...
As the Federal government concludes the arrangement to take another $950 million loan from international investors, updated data from the Central Bank of Nigeria have revealed...
International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, has warned countries to desist from adopting cryptocurrency as their legal tender, against central bank-issued money. Georgieva’s caution...
The International Monetary Fund (IMF) has projected that Nigeria’s Consumer Price Index will hit 16.1 per cent in 2022. It stated this in its Regional Economic...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The International Monetary Fund (IMF) has tackled countries looking to bitcoin as solution to their economic problem, after Central African Republic adopted the cryptocurrency this week....
Impoverished Asian Island country Sri Lanka, on Monday, made a request to the International Monetary Fund (IMF), for urgent financial assistance, according to the country’s finance...
The International Monetary Fund (IMF) said on Monday that banks in Nigeria and other emerging markets are exposed to high risk due to rising governments’ debt...
Debt servicing has continued to constitute a major setback for the Nigerian economy as the Central Bank of Nigeria (CBN) has, once again, been forced to...
The International Monetary Fund (IMF) has urged the Nigerian government and other nations to liquidate companies that are too weak to survive the debt they piled...
The eNaira will cause money laundering and financing of terrorism, according to the International Monetary Fund (IMF), as the global creditor revealed the digital currency possesses...
The International Monetary Fund (IMF) has listed four potential risks of bitcoin to a country’s economy, as the global financial body says it doesn’t recommend legalising...
The International Monetary Fund (IMF) has declared central bank digital currencies (CBDCs) like eNaira are a better bet than cryptocurrencies. In a new statement, IMF managing...
Nigeria’s next leader after the administration of President Muhammdu Buhari could meet only $29.1. billion in the external reserves the International Monetary Fund has forecasted. The...
Following the call by the International Monetary Fund (IMF) for Nigeria to remove official exchange rates, the value of Naira depreciated at the official and black...