IMF
26 Jan
A sustainable economic growth rate that could push up the output by 3.1 per cent is possible this year. But it will require a “balancing ambitious fiscal reforms”, PwC has noted in its Nigeria Economic Outlook 2024 released yesterday.
16 Jan
The International Monetary Fund (IMF) said almost 40 per cent of jobs globally will be influenced by artificial intelligence (AI), saying advanced economies are expected to experience a higher impact compared to emerging markets and low-income countries.
15 Jan
The year ahead will be "very tough" for fiscal policy -- especially for countries holding elections -- the IMF chief told AFP before departing for the World Economic Forum in Davos, Switzerland
12 Jan
The IMF's executive board approved an immediate disbursement of around $700 million for Pakistan on Thursday as part of a program to support the cash-strapped South Asian country through an economic crisis.
9 Jan
While the International Monetary Fund (IMF) debt sustainability analysis as of February 2021 shows that the majority of countries in West Africa have remained in moderate debt distress, a further analysis indicates that debt accumulation prior to the outbreak of COVID-19 outpaces the ability of growth performance to support debt servicing.
8 Jan
In 2024, President Bola Tinubu’s International Monetary Fund (IMF) recommended fiscal and monetary policies will intensify the hunger in the land. After the N28 trillion padded 2024 budget was signed by Tinubu, the Minister of Finance and Coordinating Minister of the Economy
21 Dec
Nigeria’s public debt hit N87.91 trillion at the end of the third quarter of 2023, following a marginal increase from the N87.38 trillion it was in the second quarter.
18 Dec
Chairman, Board of Trustees (BOT) of the Centre for Transparency Advocacy, Dr Chima Amadi, has said economic remedies from International Monetary Fund (IMF) and World Bank cannot revive Nigeria’s economy.
15 Dec
The Nigeria Labour Congress (NLC) on Friday strongly condemned the World Bank’s recommendation to the Federal Government to increase the price of a litre of fuel from N600 to N750. NLC in a statement said the call by the World Bank's recommendation is a threat to Nigeria's economy as a whole. "We vehemently reject the…
13 Dec
The IMF announced Tuesday it has authorised the release of close to $700 million for Bangladesh after concluding it was making progress on programmes aimed at preserving macroeconomic stability. The International Monetary Fund said in a statement that it had concluded the first review of two loan programmes, making around $690 million available to the…
25 Nov
Argentina's president-elect Javier Milei and IMF chief Kristalina Georgieva had a first meeting via video call on Friday, in which they discussed the country's economic crisis.
25 Oct
Action Aid Country Directors have called on the International Monetary Fund (IMF) and the World Bank to stop imposing a neo-colonial economic model, austerity policies and constraints to public sector wage bills but should instead support debt ....
Latest
9 mins ago
Failure of the last administration to put its money where its mouth is has stalled the rail rehabilitation work on the eastern corridor, three years after its flag-off.
Findings showed that the project, estimated to cost $3.2 billion, has become a hard sell to investors.
21 mins ago
Ahead of today’s National Executive Committee (NEC) meeting of the main opposition’s Peoples Democratic Party (PDP), governors elected on the party’s platform yesterday rose from a meeting and declared that they won’t discuss change of leadership for the party.
24 mins ago
An angry mob of travellers, yesterday, lynched personnel of the Nigeria Customs Service (NCS) in Kaita Local Council of Katsina State.
26 mins ago
River State chapter of Actors Guild of Nigeria (AGN) and Nollywood practitioners, yesterday, paid a solidarity visit to Governor Siminalayi Fubara of Rivers State, seeking support for the family of late Precious Chimaobi Ofurum, popularly known as Junior Pope, who is an indigene of the state.
26 mins ago
Less than two weeks after a peaceful election of its officials, a leadership crisis may have erupted in the AlaIgbo Development Foundation (ADF), as its founding National President, Emeritus Prof. Uzodinma Nwala, yesterday, announced the suspension of eleven officials of the organisation
26 mins ago
Stakeholders in the oil-rich but impoverished Niger Delta region have picked holes in the global call for an energy transition from fossil fuel to renewable energy, saying that the process and intentions of the West should be interrogated before African countries embrace it hook, line and sinker.
27 mins ago
The ongoing trial of a Redeemed Christian Church of God (RCCG) Pastor, Emmanuel Orekoya for alleged defilement of his 17-year-old daughter was stalled yesterday following absence of prosecution witnesses.
27 mins ago
A Governorship aspirant of the Labour Party (LP), Kenneth Imansuangbon, yesterday, asked the court to bar the Independent National Electoral Commission (INEC) or any other agent from recognising Olumide Akpata as the governorship candidate of the party for the September 21 Edo governorship election.
27 mins ago
Lagos State Safety Commission, yesterday, sealed shops in Martins Street and Broad Streets over alleged safety irregularities.
27 mins ago
The leadership of the Ijaw Youths Network (IYN) has called on President Bola Tinubu to ignore sponsored media attacks on the productive pipeline surveillance contract awarded to Tantita Security Services Limited by the Nigerian National Petroleum Company Limited (NNPCL).