The economy of Nigeria is set to face more pressure in 2025 after the International Monetary Fund (IMF) predicted that the country’s budget deficit will rise to 4.7 percent of Gross Domestic ...

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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Mr Komolafe said the PIA and recent presidential reforms, the NUPRC working closely with industry stakeholders, have made ...

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

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

The Federal Government has told the International Monetary Fund (IMF) that it will keep a close eye on changes in global oil ...

The International Monetary Fund (IMF) has applauded reforms in the foreign exchange market, and ongoing stability of the ...

International Monetary Fund (IMF) has projected Nigeria’s real GDP growth at 3.4 percent in 2025.

The Nigerian authorities have implemented major reforms over the past two years which have improved macroeconomic stability and enhanced resilience.