IMF

Top 10 fastest growing economies in Africa by IMF projection
Business & Economy

Top 10 fastest growing economies in Africa by IMF projection

Africa has the potential for tremendous economic growth in the coming years spurred by a bourgeoning youth population, and huge…
We must not follow blindly World Bank, IMF advice – Attahiru Jega tells FG  
Business & Economy

We must not follow blindly World Bank, IMF advice – Attahiru Jega tells FG  

Former Chairman of the Independent National Electoral Commission (INEC), Professor Attahiru Jega, has cautioned Nigeria against uncritically accepting advice from…
Nigeria, other oil-dependent economies in Sub-Saharan Africa growing slower than their counterparts – IMF 
Business & Economy

Nigeria, other oil-dependent economies in Sub-Saharan Africa growing slower than their counterparts – IMF 

The International Monetary Fund (IMF) says that oil-producing countries in Sub-Saharan Africa are growing at roughly half the pace of…
IMF explains why Nigeria’s 2024 economic growth may be slower at 2.9% 
Business & Economy

IMF explains why Nigeria’s 2024 economic growth may be slower at 2.9% 

The International Monetary Fund (IMF) has projected a slowdown in the country’s growth for 2024. This was according to the…
IMF projects Nigeria’s economy to grow by 3.2% in 2025, inflation to drop to 25% 
Business & Economy

IMF projects Nigeria’s economy to grow by 3.2% in 2025, inflation to drop to 25% 

The International Monetary Fund (IMF) has projected Nigeria’s economy to expand by 3.2% in the coming year 2025 while inflation…
IMF approves $8 billion reform package for low-income countries 
Business & Economy

IMF approves $8 billion reform package for low-income countries 

The Executive Board of the International Monetary Fund (IMF) has approved a comprehensive reform and financing package for the Poverty…
Nigeria’s share of global FX reserves falls to 0.26%, as global FX reserves hit $12.3 trillion 
Business & Economy

Nigeria’s share of global FX reserves falls to 0.26%, as global FX reserves hit $12.3 trillion 

Story highlights Global forex reserves reached $12.3 trillion at the end of 2023, a 3.5% increase from the previous year,…
Import restrictions in Nigeria, other African markets complicating business operations- IMF
Business & Economy

Import restrictions in Nigeria, other African markets complicating business operations- IMF

The International Monetary Fund (IMF) has stated that the challenge of import restrictions in Nigeria and other African countries complicates…
FG expecting $2.2 billion loan from World Bank- Wale Edun
Business & Economy

FG expecting $2.2 billion loan from World Bank- Wale Edun

The Federal Government is looking forward to receiving around $2.2 billion single-digit interest loan from the World bank and another…
90% of Nigeria’s tax revenue comes from only nine taxes – Wale Edun
Business & Economy

90% of Nigeria’s tax revenue comes from only nine taxes – Wale Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that approximately 90% of the tax…
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