FG Denies ₦8tn Off-Budget Spending Claim, Says IMF Comments Misrepresented
THE Federal Government has dismissed claims that it spent about two per cent of Nigeria’s Gross Domestic Product (GDP) estimated at over ₦8.
News
Africa
Ghana Wraps Up $3 Billion Dollar IMF Bailout Programme To Restore Economic Stability
OFFICIALS in Ghana said on Friday that the government has wrapped up its International Monetary Fund bailout programme, ending a $3 billion emergency.
Africa
International Monetary Fund Board Releases US$385m Tranche To Ghana
THE Executive Board of the International Monetary Fund (IMF) has completed the fifth review of Ghana’s 39 month Extended Credit Facility arrangement, paving.
International
How World Economy Can Avoid Recession Despite Tariffs – IMF
THE global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump’s tariff rollout, the head.
News
‘It Was Tinubu’s Decision’, IMF Denies Telling Nigeria To Remove Fuel Subsidy
THE International Monetary Fund (IMF) says President Bola Tinubu decided to remove fuel subsidy and not an advice from the body. News Point.
News
Nigeria’s Current Account Balance Shoots 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.
News
FG May Need Supplementary Budget To Pay Minimum Wage – IMF
THE Federal Government may need to raise a supplementary budget to accommodate the proposed minimum wage increase for workers. This is because the.
News
Stop Electricity Subsidy Now, IMF Tells President Tinubu
THE International Monetary Fund has warned the President Bola Tinubu to remove what it called implicit fuel and electricity subsidies. In a report.
International
IMF Confirms Kristalina Georgieva For Second 5-Year Term
THE IMF executive board confirmed Friday that it had reappointed Kristalina Georgieva to serve for a second five-year term at the helm of.
Africa
International Monetary Fund Approves $5bn Increase To Egypt Loan
EGYPT signed a deal with the International Monetary Fund to increase an initial $3 billion loan package to $8 billion, the two sides.
Africa
Ghana On Course For Next Part Of IMF Bailout
THE International Monetary Fund (IMF) says it has reached a preliminary agreement with the Ghanaian authorities on the economic policies and reforms to.
News
Nigeria’s GDP To Grow By 3.2% In 2023 – IMF
THE International Monetary Fund (IMF) has retained its growth forecast of 3.2 percent for Nigeria’s economy in 2023. The IMF, in its World.
Business
Inflation: IMF Warns CBN, Others
THE International Monetary Fund has urged the Central Bank of Nigeria and other monetary authorities to deemphasise monetary policy as a way of.
News
Extend Feb 10 Deadline For Old Naira Notes, IMF Advises FG
THE International Monetary Fund (IMF) has advised the Federal Government of Nigeria to extend the February 10 deadline for the validity of three.