The International Monetary Fund (IMF) has raised concerns about the proposed increase in Value Added Tax (VAT), of which the proposed 2020 budget was partly predicated...
Going by the conclusion of an International Monetary Fund (IMF) team led by Amine Mati, Senior Resident Representative and Mission Chief for Nigeria, the apex bank,...
The International Monetary Fund (IMF) has become increasingly infatuated by the negative consequences of excessive inequality. This new-found mission is laudable, but neglects the manifold ways...
African Union (AU) leaders will gather in Niger on 7 July for an Extraordinary Summit to discuss the African Continental Free Trade Area. They will be...
The Minister of Finance, Zainab Ahmed, has assured that although government borrows to deliver on its promises, it is also mindful of the rising debt burden...
Again, the federal government has given reasons the advice of the International Monetary Fund (IMF) may not be operable in Nigeria, stating that it is yet...
The federal government has said that contrary to speculations, there is no immediate plan to remove subsidy on premium motor spirit, otherwise known as petrol. This...
The Nigerian Labour Congress (NLC) has cautioned the Federal Government against the removal of subsidy on petroleum products in the country, rather, it advised that efforts...
After declaring that the debt to GDP ratio of the country was becoming too risky, the International Monetary Fund, IMF, on Friday said it was concerned...
Christine Lagarde, the Managing Director, International Monetary Fund, IMF, has called on the Federal Government of Nigeria to stop paying subsidy on petrol. Lagarde, who said...
Newly elected World Bank president, David Malpass, warns that nine in every ten extremely poor people across the world will be Africans come 2030. This was...
The International Monetary Fund, IMF, has raised the alarm that ratio of Nigeria’s debt profile to GDP is already risky. The IMF stated this on Wednesday...
The International Monetary Fund (IMF) has thrown its weight behind the planned increase in Value Added Tax (VAT) by the Federal Government. The Organisation also encouraged...
The Minister of Budget and National Planning, Senator Udo Udoma, has predicted that the nation’s economy will grow by 3.1 percent in 2019. The minister’s prediction...
The International Monetary Fund, IMF, has reduced the projection for Nigeria’s Gross Domestic Product, GDP, for 2019 to two per cent. The IMF had previously projected...
The International Monetary Fund (IMF) has put Nigeria’s debt at 34 percent of the country’s Gross Domestic Product (GDP). The Fund revealed this in a new...
The First Deputy Managing Director of the International Monetary Fund, IMF, David Lipton, Tuesday, warned that `storm clouds’ were gathering over the global economy. According to...
The International Monetary Fund (IMF) has raised the alarm that Nigeria currently spends over 50% of its revenue to service debts. According to the IMF, the...
The International Monetary Fund (IMF) has called on the federal government to urgently review its tax policies to block leakages and diversify its revenue base. IMF...
The federal government 2017 budget recorded an 86 per cent implementation, the Minister of Budget and National Planning, Sen. Udoma Udo Udoma, has disclosed. He told...
The International Monetary Fund (IMF) has said Nigeria needs to be cautious of the current depletion in its foreign reserves, noting that the normalization of interest...
The Statistician-General of the National Bureau of Statistics (NBS), Yemi Kale, said the clashes between farmers and herdsmen slowed down the rate of growth in Nigeria’s...
The World Bank said it is making plans to increase its funding to Nigeria by $4.5 billion over the next three years. The Vice President of...
The International Monetary Fund (IMF) has raised its growth projection for the Sub-Saharan Africa’s economy to 3.8 percent in 2019 from 2.8 percent in 2017, implying...
The International Monetary Fund (IMF) has said Nigeria’s 2018 economic outlook remains challenging as the economy is characterized by low private sector lending and short-term foreign...
Nigeria has been advised to widen its tax revenue base to fund infrastructural projects and social development programs capable of spurring growth in the nation’s economy....
A former Minister of Finance, Ngozi Okonjo-Iweala recently narrated how she was embarrassed, and kicked out of the Presidential Villa, Abuja. She also narrated that she...
Minister of Budget and National Planning, Senator Udoma Udo Udoma, has told senior staff of the Fiscal Affairs Department of the International Monetary Fund (IMF) that...
THE International Monetary Fund (IMF) has described Nigeria’s debt to revenue ratio, which it put at 63 per cent, as being “extremely high” and advised that...
The Executive Board of the International Monetary Fund (IMF) on Wednesday, said that though Nigeria’s economy is exiting recession, it is still however vulnerable. It stated...
The President Muhammadu Buhari-led Federal Government has been knocked again with the claim by the International Monetary Fund (IMF) that Nigerians are getting poorer. The development,...
The International Monetary Fund (IMF) has commented on the state of Nigeria’s economy, noting that despite exiting recession, the country’s economy remained vulnerable. While welcoming actions...
The International Monetary Fund (IMF) has cautioned that Nigeria should carefully manage its debt profile as it could be worse if nothing is done to cushion...
Though Nigeria expected to witness a slight Economic growth of 0.8 per cent by the end of 2017, it is lesser than projected growth rates in...
Nigeria’s economy is expected to grow at a faster rate than South Africa’s in the 2018 fiscal year. This is based on International Monetary Fund (IMF)...
Though developing countries would be disadvantaged if all barriers on trade are removed, the International Monetary Fund (IMF), the World Bank and the World Trade Organisation...
Africa is undeterred by the failures of the past and the continent is motivated by the incredible energy and talent of its bustling youthful population, according...
The IMF/World Bank Spring Meetings ended in Washington on Sunday with the World Bank’s leadership giving indications that Nigeria’s economic woes were about to end. In...
For the third consecutive week, Nigerian equities traded mostly in the negative as investors sustained a tight balance of profit-taking on the back of the concluding...
Of the 189 country-list of the International Monetary Fund (IMF) on its official website published as the only nations, which the Fund is working with in...
The International Monetary Fund (IMF) has given Nigeria a hard knock over its policy of guiding the naira to appreciate in value through weekly pumping of...
One female employee of the International Monetary Fund (IMF) was injured on Thursday when a letter bomb exploded in her face while trying to open it,...
Findings have revealed how the Federal Government intends to recoup the $2.9 billion to be spent on the rebuilding of the Abuja Airport runway. To recoup...
The Federal government has exhibited an apparent readiness to sell government’s equity holdings in the national assets in Nigeria, in line with one of the conditions...
In spite of what looks like Nigeria’s delisting of the International Monetary Fund (IMF) from creditor institutions for its current quest for loan facilities, its management...
For insisting that Nigeria must officially devalue its local currency, the naira, the Federal Government may have closed all intention of seeking for loan facilities from...
There is now every indication that Nigeria has accepted to divest Federal Government equity holdings and shares in most national assets as it has targeted raking...
Nigeria may lose its application to secure part of a $30 billion loan from the IMF because of its current policy that favours tying its economy...
Barely a week after the International Monetary Fund (IMF) predicted Nigeria’s exit from recession in 2017, it has idendified fresh huddles that could make the envisioned...
The International Monetary Fund (IMF) has listed four African countries among emerging economies that have developed quicker positive growth index for the next 10 years, without...
