Tuesday, 24th May 2022
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International Monetary Fund

18 May
Less than two weeks to the presidential primaries of the political parties ahead of the 2023 elections, the US dollar has broken the N600/$ mark at the parallel market and set the tone for a possible uptick in the coming days.
9 May
Once, indeed, is a mistake and twice, stupidity. But for the United States Federal Reserve System, both the first and second interest rate hikes were the beginning of a new trend
29 Apr
The International Monetary Fund (IMF), yesterday, handed a mixed scorecard about Africa’s near-term economic outlook, saying there is limited or nonexistent fiscal space to maneuver the “new shock” triggered by the Ukraine war.
21 Apr
The Minister of Finance, Budget and National Planning, Zainab Ahmed, yesterday, blamed the country’s rising fiscal deficit partly on the ongoing Ukraine war.
20 Apr
The International Monetary Fund (IMF), yesterday, raised Nigeria’s growth projection for the year by 0.7 percentage points on account of rising oil prices.
19 Apr
The war in Ukraine will heavily weigh down on economic growth in the eurozone, the IMF said Tuesday, as the conflict wreaks havoc on energy prices and the manufacturing sector. The International Monetary Fund revised its eurozone growth forecast for 2022 to 2.8 percent, down from 3.9 percent in its January estimate, with the region's…
30 Mar
A new report by the International Monetary Fund (IMF) has drawn attention to the severity of port congestion as a drawback to efficient supply chains, saying facility upgrades are necessary to reduce the challenge.
29 Mar
The International Monetary Fund has extended a credit facility to Mozambique, the first non-Covid related, since it pulled the plug over a $2-billion hidden debt scandal six years ago.
14 Mar
Governments and the private sector have been advised to leverage satellite technology for better disaster management efforts globally.
10 Mar
In the year 2021, the Nigerian economy recorded the highest growth of its GDP since 2014, beating the expectations of economists and the projections of the International Monetary Fund
3 Mar
Director of the African Department, the International Monetary Fund (IMF), Abebe Aemro Salaisse, says the regional market is yet to fully reflect the Russia-Ukraine conflict.
27 Feb
The International Monetary Fund (IMF) said the current invasion of Ukraine by Russia would foist untold economic hardship on the world.

Latest

1 day ago
With less than a week before the presidential primaries and national convention of the All Progressives Congress, Bola Tinubu's strong professional and political records, according to Yobe State Governor Mai Mala Buni and his Borno State counterpart, Prof. Babagana Umara Zulum, set him beyond other presidential candidates in 2023. The two governors spoke separately When…
1 day ago
Disturbed by the activities of terrorists and bandits in some parts of the country, the Nigeria Police Force has resolved to deploy modern and best technology to put an end to the menace of the criminals.
1 day ago
The Police Command in Anambra has described the killing and beheading of Dr Okechukwu Okoye, a lawmaker representing Aguata 2 constituency by yet-to-be-identified assailants as cowards and enemies of State.
1 day ago
The African Development Bank (AfDB) says that Africa will not experience food crisis contrary to reports of an imminent
1 day ago
The Lagos Waste Management Authority (LAWMA) on Monday destroyed over 400 carts confiscated from pushers, who serially dump waste at unauthorised locations in the metropolis.