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...
The International Monetary Fund (IMF) has advised Nigeria and other countries to tax cryptocurrency transactions to raise government revenue. IMF said countries can generate value-added taxes...
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 warned that Nigeria and other countries in Sub-Saharan Africa could lose $10 billion of Foreign Direct Investment (FDI) should the...
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 queried the procedure used by the National Bureau of Statistics (NBS) to collate the monthly consumer price index (CPI). IMF...
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) said regulation of cryptocurrency activities shouldn’t hinder the “plenty” “potential” that crypto assets offers the financial industry. In the past months,...
The International Monetary Fund (IMF) has expressed its readiness to grant more loans to Nigeria and other developing countries. IMF stated this in its recently published...
Despite being Africa’s largest economy, Nigeria’s Gross Domestic Product (GDP) has risen at one of the slowest rates among Sub-Saharan African countries during the past six...
It is no longer news that Nigeria intends to take additional loans in the coming years to close budget gaps. The news is that in the...
In its bid to battle the COVID-19 pandemic, Angola is to benefit from the International Monetary Fund (IMF) intervention as the executive board of the international...
The aggregate forex inflow to the Nigerian economy crumbled by 30.4% to $30.83 billion in the third quarter compared to the same period of 2019, the...
The Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva, said on Tuesday corruption corrodes trust in government and weakens the impact of policies...
Nigeria and other sub-Saharan African nations require over $110 billion additional financing to deal with the impact of the coronavirus pandemic, the International Monetary Fund (IMF)...
Nigeria’s application for a $3.4 billion credit from the International Monetary Fund (IMF) is currently under review. “We are working hard to respond to this request...
The International Monetary Fund (IMF) Friday officially confirmed that the global economy has moved into a recession. Kristalina Georgieva, boss of the Washington-based lender, said developing...
A statement from the International Monetary Fund (IMF) Monday said the impending global financial crisis, spurred by the COVID-19 plague might equal the Great Recession of...
The National Executive Council (NEC) meeting Thursday saw state governors give the rationale behind the fall in the balance of the Excess Crude Account (ECA) by...
In a twist that further upset the already fragile optimism in the International Monetary Fund’s (IMF’s) weak economic growth projection for 2020, initially put at 2.5%,...
Going by the conclusion of an International Monetary Fund (IMF) team led by Amine Mati, Senior Resident Representative and Mission Chief for Nigeria, the apex bank,...
The International Monetary Fund (IMF) has become increasingly infatuated by the negative consequences of excessive inequality. This new-found mission is laudable, but neglects the manifold ways...
Christine Lagarde has resigned as managing director of the International Monetary Fund (IMF). This is as she awaits confirmation as the new president of the European...
The International Monetary Fund (IMF) has thrown its weight behind the planned increase in Value Added Tax (VAT) by the Federal Government. The Organisation also encouraged...
The Minister of Budget and National Planning, Senator Udo Udoma, has predicted that the nation’s economy will grow by 3.1 percent in 2019. The minister’s prediction...
The International Monetary Fund, IMF, has reduced the projection for Nigeria’s Gross Domestic Product, GDP, for 2019 to two per cent. The IMF had previously projected...
The International Monetary Fund (IMF) has put Nigeria’s debt at 34 percent of the country’s Gross Domestic Product (GDP). The Fund revealed this in a new...
The International Monetary Fund (IMF) has called on the federal government to urgently review its tax policies to block leakages and diversify its revenue base. IMF...
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 new excise duty for alcoholic beverages and tobacco will take effect from Monday, June 4, 2018, indicating an increase in the prices of the products...
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...
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...
The African development Bank (AfDB) is to spend $12 billion in budget support for infrastructure projects on energy in some African countries, including Nigeria in the...
The grim reality of Nigeria’s poor economic run was yet amplified Thursday when the International Monetary Fund (IMF) cut the country’s growth forecast for 2016....
Standard & Poor, the global ratings agency, has said latest assessment of Nigeria, showed that despite the impact of the global crude oil prices on most...
