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Reaches Staff Level Agreement With Ghana On $3 Billion Extended Credit...

The International Monetary Fund, IMF has announced that it has reached a staff level agreement with the government of Ghana for a...

IMF Announces Operationalisation Of Facility To Help Vulnerable Countries Meet Challenges

Managing Director, International Monetary Fund IMF, Kristalina Georgieva, has announced the operationalisation of the Resilience and Sustainability Trust RST, to help vulnerable...

IMF Downgrades Nigeria’s Growth Prospect Amid Pessimism, Tension

The International Monetary Fund, IMF has downgraded Nigeria’s economic growth prospect by 0.2 percentage points to 3.2 per cent in the face...

Climate Change, Nigeria Floods Will Increase Food Prices – IMF

The International Monetary Fund IMF has charged Nigeria to brace up for the effect of climate change and this year’s floods.

FAO, Word Bank, Others Call For Urgent Action To Address Global...

Food and Agriculture Organisation FAO, International Monetary Fund IMF, World Bank Group, World Food Programme, and World Trade Organisation have called for...

Take Proactive Measures To Evade Default – IMF Warns Nigeria, Others

Meanwhile, with Nigeria’s revenue not covering its debt servicing obligations in the first four months of the year, the InternationalMonetary Fund, IMF,...

Nigerian Economy: High Inflation, Fiscal Deficit To Persist – IMF

The International Monetary Fund, IMF, said the rate of inflation in Nigeria is expected to remain elevated in 2022.

Borrowings: Debt Servicing May Take All Of Nigeria’s Revenue By 2026,...

The Nigerian government may spend nearly 100 per cent of its revenue on debt servicing by 2026, the International Monetary Fund , IMF,...

Sub-Saharan Africa: IMF Warns Nigeria, Others Of Hunger-Induced Social Unrests

The International Monetary Fund, IMF, has warned Nigeria and other African countries of the possibility hunger-related social unrests ahead, as a direct...

Economy: VAT Increase Will Trigger Extreme Poverty, Oxfam Warns FG

Charity organisation, Oxfam, has faulted the International Monetary Fund’s, IMF,  who urged the Federal Government to increase the current 7.5 per cent...

Tanzania Allocates $39.1m For Tourism Recovery Amid COVID-19

Tanzania has allocated 39.2 million U.S. dollars for the implementation of 23 projects aimed at revamping the tourism sector affected by the...
Finance Minister Zainab Ahmed

Plans To Borrowing: FG To Fund 2022 Budget From IMF Reserve...

Finance Minister Zainab Ahmed says a standby boost from the International Monetary Fund, IMF will help Nigeria reduce 2022 spending shortfall.
IMF Excludes Nigeria From 25 Nations Granted Debt Relief

IMF Excludes Nigeria From 25 Nations Granted Debt Relief

The International Monetary Fund, IMF has granted debt relief to 25 countries, mostly African nations with the exception  of Nigeria. IMF...

Debt: IMF Says 40% Of African Countries In Crisis

The Managing Director of the International Monetary Fund, IMF, Kristalina Georgieva, says forty percent of African countries are in debt crisis.

Economy: Trade Uncertainty Rising In Nigeria – IMF

The International Monetary Fund, IMF has expressed concern over the rise in trade uncertainty in Nigeria and many other economies amid the escalating trade tensions...
Zainab Ahmed, Minister Of Finance

N24.39TR Loan: Federal Government Says Nigeria Not In Debt Crisis

The Federal Government has said that Nigeria is not in any way near a debt crisis despite its 24.39 trillion naira debts.
Ayuba Wabba, President Nigerian Labour Congress, NLC

Petroleum Products: Labour Cautions Nigeria Against Implementing IMF’s Recommendation On Subsidy

The Nigerian Labour Congress, NLC has cautioned the Federal Government against implementing the recommendation of the International Monetary Fund IMF on the removal of...

IDPS: IMF Worries Over Rise In Nigeria, Others

The International Monetary Fund, IMF says it is concerned with the rising numbers of Internally Displaced Persons, IDPs in Nigeria and other Sub-Saharan African...


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