The International Monetary Fund (IMF) has warned oil exporting countries in Africa to save earnings from the boom in crude oil price, as transition to low-carbon...
The International Monetary Fund (IMF) has offered advice to the Central Bank of Nigeria (CBN) on exchange rate management, and how to solve the Naira’s depreciation....
These top 10 stories across the nation’s newspapers might interest you. 1. INEC to print 187m ballot papers for 2023 presidential election The Independent National Electoral...
The International Monetary Fund (IMF) has expressed doubt about the reported volumes of fuel consumed in Nigeria. The Nigerian National Petroleum Company (NNPC) Limited has consistently...
The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth projection for 2022 to 3.2 percent. The organisation made this known in its World Economic Outlook...
The International Monetary Fund (IMF) has ranked Nigeria in 11th place among countries with the highest private savings in Sub-Saharan Africa (SSA). IMF stated this in...
Retail and institutional investors in the equity market are at risk of having their investment influenced by bitcoin and other cryptocurrency volatility, according to the International...
The International Monetary Fund (IMF) retained the 3.4 percent growth projection for the Nigerian economy this year despite soaring inflation, and the country’s inability to cash...
The International Monetary Fund (IMF) has hinted that it will change the institution’s global growth forecast in the wake of soaring historical inflation rate, induced by...
President Muhammadu Buhari on Tuesday explained why he ignored the World Bank and International Monetary Fund (IMF) advice to remove fuel subsidy in the country. The...
The International Monetary Fund (IMF) has again raised concern about the rising Federal Government fiscal deficit, warning it could hit 6.1 per cent of the nation’s...
The International Monetary Fund (IMF) has revealed that it has assisted Nigeria with over $6.8 billion following the outbreak of the COVID-19 pandemic in 2020. The...
As the Federal government concludes the arrangement to take another $950 million loan from international investors, updated data from the Central Bank of Nigeria have revealed...
International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, has warned countries to desist from adopting cryptocurrency as their legal tender, against central bank-issued money. Georgieva’s caution...
The International Monetary Fund (IMF) has projected that Nigeria’s Consumer Price Index will hit 16.1 per cent in 2022. It stated this in its Regional Economic...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The International Monetary Fund (IMF) has tackled countries looking to bitcoin as solution to their economic problem, after Central African Republic adopted the cryptocurrency this week....
Impoverished Asian Island country Sri Lanka, on Monday, made a request to the International Monetary Fund (IMF), for urgent financial assistance, according to the country’s finance...
The International Monetary Fund (IMF) said on Monday that banks in Nigeria and other emerging markets are exposed to high risk due to rising governments’ debt...
Debt servicing has continued to constitute a major setback for the Nigerian economy as the Central Bank of Nigeria (CBN) has, once again, been forced to...
The International Monetary Fund (IMF) has urged the Nigerian government and other nations to liquidate companies that are too weak to survive the debt they piled...
The eNaira will cause money laundering and financing of terrorism, according to the International Monetary Fund (IMF), as the global creditor revealed the digital currency possesses...
The International Monetary Fund (IMF) has listed four potential risks of bitcoin to a country’s economy, as the global financial body says it doesn’t recommend legalising...
The International Monetary Fund (IMF) has declared central bank digital currencies (CBDCs) like eNaira are a better bet than cryptocurrencies. In a new statement, IMF managing...
Nigeria’s next leader after the administration of President Muhammdu Buhari could meet only $29.1. billion in the external reserves the International Monetary Fund has forecasted. The...
Following the call by the International Monetary Fund (IMF) for Nigeria to remove official exchange rates, the value of Naira depreciated at the official and black...
The International Monetary Fund (IMF) has predicted a difficult 2022 for the Nigerian economy, owing to the rise of the dollar against the naira and weak...
Tough times await Nigerian currency, and its economy as for the first time in three months, Nigeria’s external reserve has fallen below the $40 billion threshold....
The risk sentiments of bitcoin has spilled over into the stock market, according to the International Monetary Fund (IMF), as the most popular cryptocurrency and equity...
The Central Bank of Nigeria (CBN) has been advised by the International Monetary Fund to allow Naira depreciate further. CBN in December 2021 devalued the Naira...
The International Monetary Fund (IMF) said regulation of cryptocurrency activities shouldn’t hinder the “plenty” “potential” that crypto assets offers the financial industry. In the past months,...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The International Monetary Fund has expressed concern that cryptocurrencies would become a major currency in Nigeria and other developing countries. It also added that the currency...
The International Monetary Fund I(MF) has called on advanced economies in the G20 to extend and improve their debt relief initiatives, warning that many countries face...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The International Monetary Fund (IMF) has called for the complete removal of fuel and electricity subsidies in Nigeria early next year. In the concluding statement of...
The International Monetary Fund (IMF) stated that Nigeria needs to unify its multiple exchange rates if its digital currency, eNaira, is to have an impact on...
The number of borrowers approaching financial institutions for loans jumped to its highest level in five years according to the International Monetary Fund (IMF). IMF stated...
The Buhari Media Organisation (BMO) said on Sunday Nigeria would surpass the International Monetary Fund (IMF) growth projections for the economy. The Bretton Woods institution had...
The International Monetary Fund (IMF) on Thursday predicted Nigeria’s economy to grow by 2.7 percent in 2022. The IMF disclosed this in its October Regional Economic...
The International Monetary Fund (IMF) said on Friday inflation rate would rise higher in Nigeria and other emerging markets than in advanced economies by end of...
The International Monetary Fund (IMF) has renewed its call against the adoption of Bitcoin and other cryptocurrencies, citing economic risk among others. In a statement issued...
Nigeria’s external reserves have grown by 3.71 percent, or $1.96 billion, in the last 19 days. According to figures obtained from the Central Bank of Nigeria...
Appreciation in Bitcoin market value is gaining momentum with the hype around El Salvador’s official adoption of the most popular cryptocurrency. Following months of preparation, El...
Nigeria recorded a monthly gain in its external reserves in August amid news that the countey would be expecting $3.5 billion from the International Monetary fund...
Nigeria together with other developing countries are expected to share $275 billion dollars out of the International Monetary Fund’s (IMF) $650 billion Special Drawing Rights (SDRs)....
The International Monetary Fund (IMF) on Monday approved the allocation of $3.35 billion from the $650 billion Special Drawing Rights (SDRs) to Nigeria. The decision will...
The International Monetary Fund (IMF) has expressed its readiness to grant more loans to Nigeria and other developing countries. IMF stated this in its recently published...
International Monetary Fund (IMF) has warned Nigeria and other countries on the danger of adopting crypto assets as a national currency. The IMF warning followed plans...
The International Monetary Fund (IMF) has retained Nigeria’s 2.5 percent forecast for Nigeria’s economic growth this year. The institution disclosed this in its World Economic Outlook...
