Inflation hits 16.82%, surpasses IMF 2022 projection
The Consumer Price Index rose to 16.82 per cent in April from 15.92 per cent in March, latest figures from the National…
International Monetary Fund
Nigeria spends 86% of revenue on debt servicing, South Africa pays 20%
Nigeria spent 86 per cent of its revenue on servicing debt in 2021, but South Africa spent only 20 per cent of…
Rising crude oil prices will worsen inflation, IMF warns
The International Monetary Fund has said rising oil prices may lead to high inflation and slow growth across the world. It stated…
Nigeria’s inflation may worsen to 16.1% in 2022 – IMF
The International Monetary Fund has projected that Nigeria’s Consumer Price Index will hit 16.1 per cent in 2022. This projection was presented…
High food prices’ll continue in Nigeria, others till 2023 –IMF
The International Monetary Fund says the impact of the war in Ukraine is likely to sustain pressure on commodity prices, affecting oil…
Russia-Ukraine war: Soaring shipping costs may worsen inflation in Nigeria, IMF warns
THE International Monetary Fund has said rising shipping costs as a result of the ongoing war between Russia and Ukraine may worsen…
Fear of corruption hampering subsidy removal in Nigeria -IMF
The International Monetary Fund says the fear of political resistance, widespread corruption and pressure from interested groups is hampering the removal of…
Russia-Ukraine: Higher food prices may cause unrest in Nigeria -IMF
The International Monetary Fund has said higher food prices as a result of the Russia-Ukraine war might cause unrest in Nigeria, other…