The IMF has lowered its global growth forecast, warning that escalating geopolitical tensions and energy disruptions threaten economic activity. “Once again, the global economy is threatened with being thrown off…
The International Monetary Fund (IMF) has warned that Nigeria’s recent gains from higher oil prices will not last. Nigeria still faces deep structural problems that are slowing its economic progress.…
At the IMF and World Bank Spring Meetings, Nigeria’s Finance Minister Wale Edun warned that developing countries are facing a serious debt crisis. He explained that these nations now pay…
Abuja: The heads of the International Energy Agency, International Monetary Fund (IMF), and World Bank Group have agreed to form a joint coordination group. The group aims to strengthen its…
NAN Abuja: Some experts say Nigeria’s anticipated position among the top global contributors to economic growth in 2026, according to the International Monetary Fund (IMF), signals positive macroeconomic momentum. They…
Washington D.C: The Development Committee of the IMF/World Bank Group says the global economy is undergoing a profound transformation and facing elevated uncertainty, bringing challenges. Ms Elisabeth Svantesson, the Chair…
Washington: The Central Bank of Nigeria (CBN) says Nigeria’s inflation rate has dropped for six months straight, hitting 18.02 per cent in September – its lowest point in three years.…
Washington D.C.: The Central Bank of Nigeria (CBN) and the Bank of Angola, on Thursday, signed a Memorandum of Understanding (MoU) to foster closer bilateral relations and enhance capacity in…
Washington (Nigeria): The International Monetary Fund (IMF) says the global economy has improved tremendously amid uncertainty. The IMF Managing Director, Kristalina Georgieva, made a presentation on the “Global Policy Agenda”…
Washington (Nigeria): The International Monetary Fund (IMF) says global public debt is projected to grow above 100 per cent of Gross Domestic Product (GDP) by 2029. The Director of the…