Why Nigeria, others need $2tn to achieve net-zero emissions – IMF
Nigeria and other rising economies will require nearly $2 trillion yearly by 2030, according to the International Monetary Fund, in order to…
IMF
How low inflation, stable exchange rates will draw investors – IMF
The IMF’s resident representative in Nigeria, Ari Aisen, asserts that lower inflation and stable currency rates will draw more foreign investment to the…
Strong dollar reduces economic output in Nigeria, others – IMF
The International Monetary Fund has declared that a 10% increase in the dollar, connected to dynamics in the global financial markets, reduced…
CBN’s funding of FG deficits will hike inflation – IMF
The Central Bank of Nigeria has been encouraged by the International Monetary Fund to take steps to suspend or limit its funding…
Pakistan, IMF reach $3bn loan agreement
Pakistan, which has been experiencing an economic crisis has partnered with the International Monetary Fund for over $3 billion (£2.4 billion). According to BBC,…
Okonjo-Iweala, IMF MD demand improvement of international trade
Director General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala, and the Managing Director of the International Monetary Fund, Kristalina Georgieva, have emphasized the importance…
Why Tinubu, Shettima must focus on revenue, expenditure – IMF
The resident representative of the Nigerian office of the International Monetary Fund, Ari Aisen, has urged that revenue and expenditure should be…
Nigerians’ use of eNaira disappointingly low – IMF
The eNaira’s public adoption by the Nigerian populace has been deemed ‘disappointingly low’ by the International Monetary Fund. According to The…
IMF grants Ghana $3bn loan
The International Monetary Fund approved a $3 billion loan for Ghana on Wednesday, with the first immediate disbursement amounting to around $600…
IMF director warns against retail e-currencies
The Managing Director of the International Monetary Fund, Kristalina Georgieva, has expressed her concerns about the potential risks associated with retail central…
Sub-saharan Africa risks losing $10bn in foreign investment — IMF
The International Monetary Fund has warned that if geopolitical tension persists, sub-Saharan African nations could lose $10 billion in foreign direct investments as well as…
GDP growth in Sub-Saharan Africa to drop in 2023 – IMF
With a worldwide recovery, the International Monetary Fund has reported that growth in sub-Saharan Africa is anticipated to drop to 3.6 percent…