Tag
IMF
Fitch Ratings Inc. has underscored the necessity for Nigeria to adopt more stringent monetary tightening measures to secure macroeconomic stability.
The International Monetary Fund (IMF) has warned that price caps on fuel and electricity tariffs below the cost recovery could result in a fiscal cost amounting to 3% of GDP in 2024.
The International Monetary Fund (IMF) has emphasised the need for the Nigerian government to prioritise the full implementation of its cash transfer program to aid vulnerable households.
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu over “the failure to probe the grim allegations that $3.4 billion loan obtained by Nigeria from the International Monetary Fund (IMF) to finance the budget and respond to COVID-19 is missing, diverted or unaccounted for.”
Few days back, I published an article on the forex crises and the need to keep faith and hope alive.
In a statement on Friday, the International Monetary Fund’s (IMF) Resident Representative for Nigeria, Christian Ebeke, has said that the IMF does not publish exchange rate forecasts.
In its recent post-financing assessment report concerning Nigeria, the International Monetary Fund (IMF) has painted a grim picture of the nation's economic future.
The International Monetary Fund (IMF) has urged the federal government to fully eliminate subsidies for fuel and electricity, highlighting that these financial supports are not only expensive but also ineffective in benefiting the populations most in need of assistance.
In a concerning forecast by the International Monetary Fund (IMF), Nigeria's foreign reserve is expected to see a significant reduction, falling to $24 billion in the year 2024.
The International Monetary Fund (IMF) has advised the Central Bank of Nigeria to as a measure to rein in on inflation mop up excess liquidity in the economy through raising OMO bill of up to N2 trillion in the next 12 months.
IMF Nigeria's economic challenges including stalled per-capita growth, high poverty levels, and food insecurity have been highlighted.
The International Monetary Fund (IMF) has stated that financing conditions for sub-Saharan African economies are expected to remain tough for a period together with ongoing capital outflows from the region.