Our reporter/ The International Monetary Fund (IMF) has cut its forecast for Nigeria’s economic growth in 2024 to 3.1 per cent. The downgrade is contained in a newly released report…
Read More IMF slashes Nigeria’s economic growth forecast
Tag: IMF
IMF maintains 2024 global growth forecast at 3.2%
The IMF held its global growth expectations for 2024 steady in a report Tuesday even as it cut forecasts for the United States and Japan, while warning of inflation risks…
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Nigeria’s current account balance up by $1.43bn – IMF
Nigeria’s current account balance has experienced a surplus of $1.432bn in 2024, according to a report by the International Monetary Fund (IMF). The report, ‘World Economic Outlook Database’, noted that…
Read More Nigeria’s current account balance up by $1.43bn – IMF
IMF asks Tinubu to remove electricity subsidy to create space for Nigeria’s development spending
The International Monetary Fund has advised the Tinubu administration to scrap electricity subsidy to free up funds for “development spending” to strengthen Nigeria’s economy. In a report which evaluated Tinubu’s…
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IMF urges Nigeria to regulate crypto trading platforms
The International Monetary Fund has advised the Nigerian government to ask global crypto trading platforms to register or obtain licences before operating in the country. This recommendation was made in…
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