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IMF, World Bank Will Abandon You When Their Economic Policies Fail In Nigeria, NLC Tells Tinubu

The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has condemned the economic policies of the International Monetary Fund (IMF) and the World...
Business

IMF projects Nigeria’s economy will grow by 3.2% in 2025

The International Monetary Fund (IMF) has projected Nigeria’s economy to grow by 3.2% in 2025.The Bretton Wood institution also expected the country’s inflation to...
Business

IMF denies influencing Nigeria’s fuel subsidy removal, currency floatation

The International Monetary Fund (IMF) has denied influencing the Nigerian government into removing the contentious fuel subsidy and floating the naira.The Bretton Wood institution...
Business

Amid rising debt profile, Nigeria still active on global debt market, says IMF

The International Monetary Fund (IMF) has disclosed that Nigeria and other frontier markets have remained very active in the global debt market.This is despite...
Business

IMF Cautions CBN, Others Against Aggressive Interest Rate Hikes

The International Monetary Fund (IMF) has cautioned central banks against aggressive interest rate hikes in their effort to tame rising inflation.The Washington-based lender advised...
Business

Relief For Nigeria, Others As IMF Cuts Borrowing Cost By 36%

The International Monetary Fund (IMF) said it will slash interest on loans of members by 36 per cent.This will enable members save up to...
Business

Nigeria, South Africa, Four Others Seek $600bn Climate Financing Support From Financial Institutions— IMF

The International Monetary Fund (IMF) has said that Nigeria, Ethiopia, Cameroon, South Africa, and Somalia are seeking over $600bn in climate financing support from...
Business

IMF Says Harsh Weather Impacting Global Manufacturing, Agricultural Activities

The International Monetary Fund has warned that high temperatures has impact on economic activities across the globeThe Washington-based IMF said this in its quarterly...
Business

IMF counsels Nigeria on ways to protect the poor from impact of petrol price hike

The International Monetary Fund (IMF) has advised the Federal Government to prioritize building and accelerating a social safety net to protect the poor from...
Business

INTERVIEW: Foreign Loans Destroying Nigeria’s Economy- Alaje

Nigeria’s economic hardship led to a 10-day national protest, which began August 1 and ended August 10, 2024. The agitation forced President Bola Tinubu...
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