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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 in...

Money

33% Of Global Droughts Occurs In Nigeria, Others, Says IMF

The International Monetary Fund says Nigeria and other sub-Saharan African countries experience one-third of the world’s drought, and are vulnerable to rising temperatures...

Economy

Nigeria Failed To Increase Export Diversification Overtime –IMF

The International Monetary Fund says Nigeria has failed to diversify exports at an “extensive margin.” The IMF said this in its ‘Nigeria: Selected...

Economy

Nigeria’s Social Safety Net Suffers From Limited Coverage, Weak Targeting – IMF

The International Monetary Fund says Nigeria’s social safety net, which was created to support poor and vulnerable people in the country, suffers from limited...

Economy

IMF Says Nigerian Economy Recovering From Historic Downturn

Kristalina Ivanova Georgieva-Kinova, Managing Director, International Monetary Fund On January 31, 2022, the Executive Board of the International Monetary Fund (IMF) concluded the...

Money

IMF Upgrades Financial Soundness Indicators

 The IMF has upgraded its Financial Soundness Indicators (FSIs) database to fully reflect methodological improvements introduced in the 2019 Financial Soundness Indicators Compilation Guide (2019 FSIs Guide)....

Money

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 help...

Money

IMF Says Nigerian Banking Sector Remains Liquid, Well-Capitalized

Real GDP is recovering but unemployment and inflation remain elevated.Recent exchange rate measures are encouraging, and further reforms are needed to achieve a...

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