The International Monetary Fund, in its latest Article IV Consultation on Nigeria, praised the Central Bank of Nigeria’s efforts to strengthen the banking sector and drive recapitalisation, but urged ...

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A section of the review containing a report prepared by an IMF staff team for the executive board’s consideration, reckoned ...

The naira recorded a gain of N90 or 5.7% in the black market and 0.8% in the official foreign exchange (FX) market in the ...

The Federal Government has approved 37 new crude oil evacuation routes and increased the country’s oil rig count from eight in 2020 to 44, as part of ongoing reforms aimed at boosting production, ...

The International Monetary Fund has urged Nigeria to revise its ?54.99 trillion 2025 budget downward in response to weakening ...

The IMF has rejected Pakistan's proposal to offer subsidised electricity tariffs to crypto mining operations, citing concerns ...

Axel Schimmelpfennig, mission chief for Nigeria at the IMF, says the newly approved tax reform bills align with international ...

The IMF advised Nigeria to reconsider its 2025 N54.99 trillion budget due to lower oil prices, while projecting a 3.4% ...

The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to maintain a tight monetary policy ...

The long-standing habit of exaggerating oil revenues in Nigeria is used by the National Assembly to cover the bogus ...