International Monetary Fund (IMF)

Trust, Accountability, and Governance Key to Unlocking Africa’s $4trn Domestic Capital Potential – Elumelu

Africa’s economic growth is being hindered by a lack of trust and accountability in governance, according to Tony Elumelu, founder and chairman of...

Presidency slams IMF, says report on inflation, poverty can instigate people against govt.

The Presidency has criticized the International Monetary Fund (IMF) for what it called its “very harsh assessment” of Nigeria’s economic reforms, inflation, and...

IMF Forecasts 3.4% Economic Growth for Nigeria in 2025

The International Monetary Fund (IMF) has projected a 3.4% expansion in Nigeria’s real GDP for 2025, marking a positive outlook for the country’s...

Nigeria’s IMF Debt Cleared, Burden Lifted, Signals Economic Revival

Nigeria has officially cleared its debt to the International Monetary Fund (IMF), marking a significant milestone in the country’s economic reform programme. The...

WTO’s Okonjo-Iweala Calls on Africa to Boost Intra-Regional Trade Amid US Tariffs

Faced with broad tariffs declared by the United States on African goods, the WTO Director-General in Washington on Friday underscored the urgent need...

Nigeria’s Average Income Plummets to $835.49, Exacerbating Cost-of-Living Crisis – IMF

Nigeria’s economic problems have deepened, with the average income per person dropping to $835.49 in 2025, representing a 4.73% decline from $877 in...

Amid High Inflation Rate, IMF Pledges Support for Nigeria’s Economic Reforms

International Monetary Fund (IMF) President Kristalina Georgieva and her team met with President Bola Tinubu in Rio de Janeiro on Wednesday, reaffirming the...

Nigeria’s economy set to hit $1.85trn by 2029 – IMF

The International Monetary Fund (IMF) has predicted that Nigeria’s economy is expected to reach $1.85 trillion by 2029 in Purchasing Power Parity terms....

Nigeria’s current account balance surges by $1.43bn – IMF

The International Monetary Fund’s World Economic Outlook Database indicators have revealed that Nigeria’s current account balance recorded a surplus of $1.432 billion in...

Implement cash transfer programme before addressing fuel, electricity subsidies, IMF tells FG

The International Monetary Fund (IMF) has advised the Nigerian government to prioritize the full implementation of its cash transfer program to aid vulnerable...

IMF downgrades Nigeria’s economic growth

The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth by 0.3 per cent, a reflection of the global economy which has dipped...