Tags IMF

Tag: IMF

IMF upgrades Nigeria’s economic growth forecast to 3.4%

The increase in global oil prices has caused the International Monetary Fund to review Nigeria’s economic growth potential to 3.4 per cent...

IMF Seeks Recapitalisation Of Banks Hit By COVID-19

The International Monetary Fund (IMF) yesterday advised the Federal Government, and governments of other emerging economies to recapitalise commercial banks whose capital...

IMF Set To Launch $50bn Lifeline For Nigeria, Others

The International Monetary Fund has said it is set to launch a $50bn trust fund for low-income and vulnerable middle-income countries to...

Rising food prices fuelling inflation in Nigeria, others – IMF

The International Monetary Fund says rising food prices is the major factor fuelling inflation in Nigeria and other Sub-Saharan African countries. According to the body,...

IMF Calls for Review Of 2007 CBN Act

The mission to the International Monetary Fund(IMF) has stressed the need for review the 2007 Central Bank of Nigeria(CBN) Act in other...

IMF Tells FG To Remove Fuel, Electricity Subsidies Next Year

The International Monetary Fund said on Friday that the Nigerian government should remove fuel and electricity subsidies completely early next year and...

IMF Predicts Nigeria’s Debt-To-GDP Ratio To Hit 42% By 2026

The International Monetary Fund has projected that Nigeria’s government gross debt to Gross Domestic Product ratio will rise to 42 per cent...

Nigeria, Others To Receive $275bn As Distribution Of IMF $650bn SDRs Begins

Nigeria and other developing countries will receive $275 billion out of the $650 billion worth of Special Drawing Rights (SDRs) as the...

Nigeria Gets $3.35bn In IMF’s $650bn SDR Allocation

The Board of Governors of the International Monetary Fund (IMF) has approved a general allocation of Special Drawing Rights (SDRs) equivalent to...

IMF Revises Nigeria’s 2022 Growth Upwards To 2.6%

The International Monetary Fund has revised Nigeria’s growth for 2022 to 2.6 per cent from the April 2021 projection of 2.3 per...

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