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IMF
The International Monetary Fund's $650 billion Special Drawing Rights grant, which includes $27 billion for African countries, will...
A combination of Eurobonds and the IMF Facility could increase Nigeria’s external reserves by close to $10 billion.
The allocation which was approved on Monday aims to boost global liquidity at a time when the world is grappling with the coronavirus pandemic.
Nigeria's Finance Minister, Zainab Ahmed and 3 other African Finance Ministers have urged the G-20 to order the...
Economists widely agree that introducing a carbon price is the single most effective way for countries to reduce their emissions.
The Nigerian economy has started to gradually recover from the negative effects of the COVID-19 global pandemic.
The IMF team held virtual meetings with the Nigerian authorities to discuss recent economic, financial developments and outlook.
CBN finally took out the official exchange rate, completing the harmonization with the I&E rate which had been announced by the Finance Minister in March.
Nigeria’s minimum wage lags behind its global peers, thanks to economic factors related to earning.
IMF forecasts that Nigeria is expected to grow by 2.5% in 2021 and 2.3% in 2022.
In Q4 2020, the economy surprisingly escaped recession evidenced by the 0.11% y/y rise in GDP.
The group also warned that economic recoveries are diverging dangerously across and within countries.