Tag: IMF
Cost of living set to rise as IMF calls for new taxes in Nigeria
It warned that rising global prices of fuel, food, and fertiliser could increase inflation and worsen living conditions for low-income…
IMF commends Nigeria’s reforms, urges sustained efforts on poverty, Inflation
According to the IMF, Nigeria’s economic reforms have delivered stronger macroeconomic outcomes in spite of persistent social challenges
Nigeria has no immediate need for IMF assistance – Edun
Edun reaffirmed that the country would continue to rely on internal policy measures rather than seek multilateral lending support at…
Presidency: Nigeria’s economy growing faster than US, UK
According to the IMF report, Nigeria’s economy is set to expand by 4.1% in 2026, compared with 2.3% for the…
Fuel, shipping costs push Nigeria’s growth outlook lower – IMF
The International Monetary Fund (IMF) has reduced Nigeria’s economic growth forecast for 2026. It now expects the economy to grow…
Edun takes Nigeria’s case to IMF over inflation pressures
Nigeria’s Minister of Finance, Wale Edun, is calling for international support as the country deals with rising inflation and economic…
IMF: Nigeria to become Africa’s third-largest economy in 2026
However, the IMF projects that Nigeria’s economy will grow strongly in 2026. Nigeria’s gross domestic product (GDP) is expected to…
IMF warns Nigeria of debt, oil and revenue risks despite reform progress
The International Monetary Fund (IMF) has warned Nigeria to guard against rising debt and fiscal risks even as it praised…
IMF outlines key steps for Nigeria’s economic rebuild
The institution also urged the government to modernize its tax administration system and expand the base to capture more of…
UK risks 1976-style IMF shame – Badenoch
Conservative leader Kemi Badenoch has raised alarm that Britain may be forced into a humiliating IMF bailout, warning of “eerie…
Why Tinubu’s govt. is slamming IMF over Nigeria’s inflation, poverty report
The Presidency has strongly pushed back against the International Monetary Fund (IMF) over what it calls a “discouraging and fatalistic”…
IMF confirms Nigeria’s full repayment of US$3.4bn loan
IMF said the loan has been repaid as of April 30, 2025 in a statement issued in Abuja, Nigeria's capital…
U.S. tariffs pose significant risk to global economy, warns IMF
The IMF chief underscored the necessity of avoiding actions that could further damage the world economy. She urged the United…
Global growth remains unchanged at 3.2%, as inflation recedes – IMF
This is according to the IMF’s latest World Economic Outlook (WEO) Update Report for October 2024: “Policy Pivot, Rising Threats,”…
World Bank, IMF annual meeting to start in Washington
As part of the meeting, the IMF also plans on Tuesday to present a new forecast for future growth in…