Reject IMF’s recommendation on fuel, electricity subsidy, PRP tells FG
The Peoples Redemption Party (PRP) has advised the Federal Government to reject the advice of the International Monetary Fund (IMF) to phase out petrol […]
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Africa in 2024: A Year of mixed fortunes, By ALEX VINES
Africa in 2024 will be the second fastest-growing economic region in the world (after Asia) at 4%, according to the International Monetary Fund (IMF), but […]
Palliatives, Politics and SAP 2, By CHIDI AMUTA
My brother and friend, Kayode Komolafe (the man we all call KK) is an uncommon patriot. With an unassuming depth as a public intellectual, KK […]
Global economic growth to drop to 3.0% in 2023-24 – IMF
The International Monetary Fund (IMF) says global growth is projected to fall from 3.5 per cent in 2022 to 3.0 per cent in both 2023 […]
Ghana’s economy shows signs of stability – IMF
A staff team of the International Monetary Fund (IMF) has said that Ghana’s economy has started showing signs of stability after the start of the […]
IMF, World Bank discuss debt sustainability, restructuring challenges
The Global Sovereign Debt Roundtable (GSDR), on Wednesday discussed debt sustainability and debt restructuring challenges and ways to address them. This is contained in a […]
IMF, COP28 President-Designate, call for action on climate finance
The International Monetary Fund(IMF), COP28 President-Designate and UN Special Envoy for Climate Action and Finance have called for measures needed to accelerate climate action and […]
IMF remains optimistic about emerging markets in 2023
The International Monetary Fund (IMF) said on Tuesday that the economic prospects of emerging market and developing economies were on average stronger than advanced economies. […]
Prudent expenditure and Nigeria’s quest for debt sustainability
In recent times, the media has been awash with news about the huge debt burden that the incoming government would inherit from the President Muhammadu […]
IMF, WFP, others urge continued urgent action to address global food and nutrition security crisis
Food and Agriculture Organization (FAO) Director General Qu Dongyu, International Monetary Fund (IMF) Managing Director Kristalina Georgieva, World Bank Group (WBG) President David Malpass, World […]
Supreme Court ruling on Naira re-design saves Nigeria from economic shutdown- Tinubu
Asiwaju Bola Tinubu, APC presidential candidate, says the Supreme Court ruling on the implication of Central Bank of Nigeria (CBN) re-designed naira notes and cashless […]
IMF visits ICPC, seeks end to pervasive corruption
The International Monetary Fund (IMF) has advised Ministries, Departments and Agencies (MDAs) in Nigeria to tackle issues that lead to pervasive corruption and its effects […]
Global food imports to reach $2rtn – FAO
The UN Food and Agriculture Organisation (FAO) says food import costs globally are projected to reach nearly two trillion dollars this year, or higher than […]
Food insecurity should be policy priority for African govt – IMF
Mr Abebe Selassie, the Director, International Monetary Fund (IMF), African Department, says tackling food insecurity should be the first policy priority for government in Sub-Saharan […]
Economic growth to decline to 3.6% in Sub-Saharan Africa in 2022- IMF
The International Monetary Fund (IMF), says economic growth in Sub-Saharan Africa (SSA) is expected to decline to 3.6 per cent in 2022 as against 4.7 […]
IMF approves emergency financing for countries suffering from food insecurity
The International Monetary Fund (IMF)’s Executive Board has approved a new emergency financing instrument for countries suffering from acute food insecurity. Ms Kristalina Georgieva, the […]
Nigeria to reap billions of dollars in climate debt relief deal — Osinbajo
Vice President Yemi Osinbajo says the Federal Government will be reaping billions of dollars in debt relief from some creditors if the Debt-for-Climate (DFC) swap […]
CBN to introduce USSD code to improve eNaira
The Central Bank of Nigeria (CBN), says it is set to introduce the Unstructured Supplementary (USSD) code as part of steps to improve the Central […]
Bitcoin not a panacea for Africa’s economic woes – IMF
Bitcoin is not a cure-all for Africa’s economic woes, the International Monetary Fund warned Thursday, after the Central African Republic adopted the cryptocurrency as legal […]
Ukraine economy could collapse If war continues – IMF
Ukraine’s government continues to function, the banking system is stable and debt payments are viable in the short term, but the Russian invasion could plunge […]