Interest rate to drop once inflation is tamed- IMF
The International Monetary Fund has stated that the rise in borrowing costs is expected to be temporary as long as high inflation…
IMF
CBN faults IMF’s report on 24% Anchor Borrowers’ payment
The Central Bank of Nigeria has revealed that a total of N503bn representing 52.39 percent of the disbursed funds under the Anchor…
IMF calls for CBN’s 2017 Act review
The International Monetary Fund has requested that the Central Bank of Nigeria Act 2007 be reviewed in order to increase the…
IMF urges FG to remove fuel subsidy June 2023
The International Monetary Fund has implored the Federal Government to fulfil its plans to remove fuel subsidy by June. The prominent financial…
Shipping cost surge caused global inflation – IMF
The International Monetary Fund has linked the current global inflation with the upsurge of the shipping costs. IMF stated in a…
Ghana requests debt relief under G20 Common Framework – IMF
Ghana has requested debt relief through the Common Framework program, which is backed by the Group of 20 major economies, according to…
IMF predicts tougher global economy in 2023
Managing Director of the International Monetary Fund, Kristalina Georgieva, has stated that 2023 will be tougher on the global economy than…
Food crisis: IMF board approves $71 million for Guinea
The International Monetary Fund has stated that it has approved a disbursement of $71 million for Guinea. According to Reuters, the…
Ghana receives IMF’s $3bn bailout fund
Ghana has signed a $3billion bailout agreement with the International Monetary Fund following months of declining economic revenue. This is a follow-up…
Why Nigeria must save oil revenues – IMF
The International Monetary Fund has urged the Nigerian government to save up on oil revenues as fears of a global food shock…
IMF upgrades Nigeria’s economic growth forecast to 3.4%
The increase in global oil prices has caused the International Monetary Fund to review Nigeria’s economic growth potential to 3.4 per cent…