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IMF
The Executive Board of the International Monetary Fund (IMF) has approved a comprehensive reform and financing package for the Poverty Reduction and Growth Trust (PRGT), aimed at enhancing support for low-income countries.
The International Monetary Fund (IMF) has announced it is reducing the costs for countries that borrow money from it by up to 36%.
The Human Rights Writers Association of Nigeria (HURIWA) has alleged that the Federal Government is aligning with directives from foreign entities such as the International Monetary Fund (IMF) and World Bank, labelling the development as making Nigerians "worse off."
On Friday, August 23rd, the US Federal Reserve Chair, Jay Powell delivered a much awaited speech at the Jackson Hole symposium hinting at a possible interest rate cut in the coming months.
Nigeria’s Central Bank Digital Currency (CBDC), eNaira, makes up less than 1% of the total currency in circulation as of March 2024, almost three years after it was launched.
The International Monetary Fund (IMF) has downgraded Nigeria’s real GDP growth in 2024 from 3.3% in its earlier projection in April to 3.1%.
Nigeria’s real Gross Domestic Product (GDP) is projected to reach $552 billion by 2031 according to research by Afrexim Bank.
A new report by the International Monetary Fund (IMF) has revealed that Nigeria and some other developing countries lack digital infrastructure for the deployment of Artificial Intelligence (AI) technology.
Ghana has reached an agreement in principle with its bondholders to restructure its $13 billion Eurobonds.
Global Forex Reserves hit $12.3 trillion at the end of 2023 representing a 3.5% year-on-year increase from the $11.92 trillion recorded a year earlier.
The International Monetary Fund (IMF) has stated that the challenge of import restrictions in Nigeria and other African countries complicates business operations.
The Central Bank of Nigeria (CBN) plans a major restructuring in its operations, aiming to transfer about N5.5 trillion in development finance activities to a combination of private banks and Development Finance Institutions (DFIs).