Coming on the heels of a growing concern about Nigeria’s rising population, a new study by the International Monetary Fund (IMF) highlights “new fertility facts” that are challenging old theories on the relationship between childbearing, years of education and income level.
The International Monetary Fund (IMF) estimated the volume of capital that has left emerging markets, including Nigeria, following the ongoing interest rate cycle at $50 billion.
The precarious state of Nigeria’s public finance has been widely acknowledged both locally and by multilateral financial institutions such as the World Bank and the International Monetary Fund (IMF).
Experts at the African Development Bank and International Monetary Fund (IMF) have called for urgent mobilisation of climate financing for Africa to achieve sustainable growth.
The International Monetary Fund (IMF) has held its projection about Nigeria’s economic growth prospect at 3.4 per cent amid growing concern about elevated inflation and the possibility of a technical recession
A delegation of the International Monetary Fund (IMF) mission to Nigeria led by the Director, Second African Regional Technical Assistance Centre in West Africa (AFRITAC West 2), Eva Jenkner, las week, visited the Fiscal Responsibility Commission (FRC) during which the discussed areas of technical support for the Fiscal Year 2023/2024 Work Plan.
The European Commission on Monday said it will again cut its growth forecast for this year and hike its expectations for inflation, but it signalled it saw no sign yet of recession in Europe. "What we see is that economic growth is proving quite resilient this year. Still, one can expect some downward revision and…
The IMF will send a team to Ghana this week to begin talks on a possible loan program for the West African nation, the fund announced Tuesday. The nation's President Nana Akufo-Addo had previously rejected calls to seek financial assistance from the IMF, but last week authorized the step as the country faces soaring inflation.…
There was a breather for Nigeria’s external reserves after all as the figures gained $671.6 million or 1.74 per cent to close in June at $39.15 billion.
Somehow, the Nigerian economy has tottered and wobbled through the first half of year 2022 (January to June), with practically all the indicators exhibiting worrisome trends.
Sri Lanka should stamp out corruption and substantially raise taxes to rescue its economy, the International Monetary Fund said Thursday after bailout talks with the bankrupt island nation. Representatives from the global lender of last resort have just concluded a 10-day visit to the capital Colombo to map out a resolution to the South Asian…
• World Bank calls for sovereign debt changes ahead of looming recession • Cold attitude to reforms harming domestic investment outlook, experts say • ‘Challenge western countries but with better policy options’ • Nigeria’s Eurobond rises by about 100% in six months Nigeria is gradually inching towards a financial ‘blockade’ at the international financial market,…