Nigeria gets $3.35 billion SDR allocation from IMF in a boost to external reserves
The allocation which was approved on Monday aims to boost global liquidity at a time when the world is grappling ...
Tag: IMF
Nigeria’s finance minister, 3 others urge G-20 to speed up disbursement of IMF loans
Nigeria's Finance Minister, Zainab Ahmed and 3 other African Finance Ministers have urged the G-20 to order the International Monetary ...
IMF’s Carbon Price Floor: Where do emerging economies stand?
Economists widely agree that introducing a carbon price is the single most effective way for countries to reduce their emissions.
IMF staff’s statement on economic, financial developments after meeting Nigeria
The Nigerian economy has started to gradually recover from the negative effects of the COVID-19 global pandemic.
IMF expresses concerns on resurgence of fuel subsidies, forex, others
The IMF team held virtual meetings with the Nigerian authorities to discuss recent economic, financial developments and outlook.
Nigeria Fixed Income Weekly: FPI Outflows and depleting Foreign Reserve
CBN finally took out the official exchange rate, completing the harmonization with the I&E rate which had been announced by ...
Minimum Wage: How Nigeria compares with its global peers
Nigeria’s minimum wage lags behind its global peers, thanks to economic factors related to earning.
Lack of vaccine access will reduce Africa’s economic growth compared to rest of world – IMF
IMF forecasts that Nigeria is expected to grow by 2.5% in 2021 and 2.3% in 2022.
IMF revised growth projection: a tale of vaccinated optimism
In Q4 2020, the economy surprisingly escaped recession evidenced by the 0.11% y/y rise in GDP.
IMF lifts 2021 global GDP growth to 6%
The group also warned that economic recoveries are diverging dangerously across and within countries.
