The International Monetary Fund (IMF) has revised downwards Nigeria’s GDP forecast from 2.5% to 2% for 2020.
The MD of IMF, Kristalina Georgieva has announced that the Fund's first Deputy MD, David Lipton would step down at the end of February.
The IMF released its Global Economic Outlook where the fund announced it expects global growth to slow in 2020 to 2.9% (World Bank – 2.5%).
The World Bank has forecasted that Nigeria’s economy will further slowdown in 2020 with a growth of 2.1% amidst several policy uncertainties. On the other hand,...
President Muhammadu Buhari has nominated Dr Kingsley Obiora as Deputy Governor of the Central Bank of Nigeria (CBN).
The Federal Government subsidy on Premium Motor Spirit, popularly known as petrol, has risen to N47.5 per liter, as the crude oil price increased to $67.86...
Global debt hit $188 trillion, adding $3 trillion in 2018 as Nigeria, China and other countries increased borrowing. #IMF #DEBT
“…for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself by the handle,”...
Nigeria’s widening infrastructure deficit has been a recurring discourse over the years.
At the recently concluded IMF/World Bank meeting in Washington DC, IMF trimmed its growth forecast for the global economy to 3.0%