IMF projects Nigeria’s inflation to average 26.5% in 2025
The International Monetary Fund projects Nigeria’s inflation rate to average 26.5% in 2025, following the recent rebasing of the Consumer Price Index…
IMF
IMF warns global economy faces slowdown amid rising trade tensions
The head of the International Monetary Fund, Kristalina Georgieva, has cautioned that the global economy is poised to slow down due to…
US tariffs pose threat to global economy – IMF
Managing Director of the International Monetary Fund, Kristalina Georgieva, on Thursday cautioned that the new United States tariffs “clearly represent a significant…
Nigeria’s GDP per capita drops to $835 – IMF
The International Monetary Fund reports that Nigeria’s GDP per capita fell from $877.07 in 2024 to $835.49 in 2025, marking a 4.74%…
African nations need higher tax revenues for growth – IMF
The IMF has highlighted that approximately 90% of African Union economies need to enhance tax revenue collection and implement structural reforms to…
Sub-Saharan Africa requires global funding – IMF
The International Monetary Fund has stated that countries in sub-Saharan Africa require international funding to address key macroeconomic imbalances in the region.…
IMF approves $606m loan for Kenya
The International Monetary Fund said it had cleared $606 million in lending to Kenya as it struggles to pay off debts and…
Debt servicing impedes Nigeria’s socioeconomic development – IMF
The International Monetary Fund has reported that Nigeria allocates a significant portion of its revenue to debt servicing, which limits available funds…
IMF urges enhanced tax efficiency in Nigeria, others
The IMF on Wednesday urged Nigeria and other African nations to enhance their tax systems to be more efficient, equitable, and progressive.…
Nigeria’s economy to hit $1.85tn in five years – IMF
The International Monetary Fund has projected that by 2029, Nigeria’s Purchasing-Power-Parity-based GDP share of the world economy will be 0.78 per cent.…
Nigeria fulfills IMF obligations with no overdue payments — Report
The International Monetary Fund, an international organisation that provides financial assistance to countries facing economic difficulties, has released Nigeria’s financial position report…
Nigeria, others threaten businesses with important restrictions – IMF
Alex Omenya In its latest Regional Economic Outlook for Sub-Saharan Africa titled “A Tepid and Pricey Recovery,” the International Monetary Fund has…