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Tag: International Monetary Fund (IMF)

IMF Warns FG Over Proposed N2.55trn Fuel Subsidy Spending

The International Monetary Fund (IMF) has warned the Federal Government over its plan to extend the fuel subsidy regime by 18 months. It said Nigeria...

Nigeria Beginning To Recover From Effects Of COVID-19, Says IMF

The International Monetary Fund (IMF) mission to Nigeria says the Nigerian economy has started to gradually recover from the negative effects of the COVID-19...

IMF Urges Sub-Saharan Africa To Increase Tax Revenues

The International Monetary Fund (IMF) has urged countries in Sub-Saharan Africa to do more domestically to increase tax revenues and improve the quality of...

IMF Projects 6% Growth For Global Economy

The International Monetary Fund (IMF) says the global economy is projected to grow at six per cent in 2021, moderating to 4.4 per cent...

IMF Commends FG’s Fiscal Sector Reforms In Spite COVID-19 Challenges

The Executive Board of the International Monetary Fund (IMF) says Nigeria’s economy is at a critical juncture, having been hit hard by the COVID-19...

Nigeria Owes World Bank, IMF, AfDB $31.98bn, Says DMO

The Debt Management Office (DMO) says Nigeria took loans worth $31.98 billion from World Bank Group, International Monetary Fund (IMF), African Development Bank (AfDB)...

#EndSARS Protests: IMF May Review Nigeria’s Growth Projection

The International Monetary Fund (IMF) has said it may review Nigeria’s growth projection if the ongoing protests in the country persist, in view of...

IMF Projects 5.4% GDP Decline for Nigeria

International Monetary Fund (IMF) has projected a significant economic contraction for Nigeria, with Gross Domestic Product (GDP) seen falling by 5.4  per cent this...

What FG Promised IMF To Secure $3.4bn Loan

The federal government assured the International Monetary Fund (IMF) that it would not return to the era of fuel subsidy after the COVID-19 pandemic...

2020 Budget: IMF Approves $3.4bn for Nigeria to Combat Effects of...

The board of the International Monetary Fund (IMF) has approved Nigeria’s request for $3.4 billion to fight grave impact of ravaging coronavirus disease on...
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