Tag: IMF
Nigeria facing worsening economic crisis – IMF
The International Monetary Fund has said stalled per-capita growth, poverty and high food insecurity have exacerbated the ongoing cost-of-living crisis in Nigeria. ...South Africa may overtake Nigeria as Africa’s biggest economy – IMF
The International Monetary Fund has disclosed in its forecast that South Africa may topple Nigeria as Africa’s biggest economy. According to the ...Naira under pressure, Nigeria may seek dollar loan –IMF
The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek loan from the Fund ...IMF Cuts Growth Projection For Nigeria To 2.9%
Nigeria’s growth forecast has been reduced from 3.3 percent to 2.9 percent in 2023 and 3.1 in 2024 respectively, with negative effects ...Lower inflation, stable exchange rates will attract investors – IMF
The Resident Representative for the International Monetary Fund for Nigeria, Ari Aisen, says lower inflation and predictable exchange rates will attract more ...eNaira adoption disappointingly low, 98.5% of wallets unused – IMF
The International Monetary Fund has said 98.5 percent of eNaira wallets have not been used even once. In its recently released working ...Chinese loans reduced Africa’s dependency on IMF, World Bank – Osinbajo
Vice-President Yemi Osinbajo has said Chinese lending to Africa has reduced dependency on loans from Western institutions. Osinbajo spoke while delivering a ...It’s a lie! CBN counters IMF, says 52% of Anchor Borrowers’ Programme loans repaid
The Central Bank of Nigeria has said N503 billion of loans under its Anchor Borrowers’ Programme has been repaid. This figure represents ...Only 24% of CBN Anchor Borrowers’ loans repaid, says IMF
The International Monetary Fund has said only 24 per cent of loans disbursed under the Anchor Borrowers’ Programme of the Central Bank ...One-third of the world will face recession this year, says IMF
Managing Director, International Monetary Fund, Kristalina Georgieva, has warned that a third of the global economy will face recession this year. Georgieva ...