Tag: IMF
IMF lowers borrowing costs by $1.2bn annually
The Executive Board of the International Monetary Fund (IMF) has approved to lower the Fund’s borrowing costs for members by 36 per cent or...
IMF: Inflation’ll drop in 2024
The International Monetary Fund (IMF) has projected a further drop in inflation rate in the year 2024.
IMF said inflation is easing faster than expected...
ACF to FG: Reject World Bank, IMF’s recommendations on Nigerian economy
The Arewa Consultative Forum (ACF) has cautioned the Federal Government against adopting what it described as “out-of-context and largely discredited public policy” solutions recommended...
CBN replies IMF: Nigerian farmers’ve repaid N503bn loan
The Central Bank of Nigeria (CBN) has disclosed that the total repayment of loans under the Anchor Borrowers’ Programme (ABP) stood at N503 billion,...
IMF to CBN: Suspend deadline for cash swap to ease hardship
The International Monetary Fund (IMF) has tasked the Central Bank of Nigeria (CBN) to extend the February 10 deadline on the old naira notes.
The...
IMF: Nigeria’s economic growth to decline to 3.2% in 2022
The International Monetary Fund (IMF) says economic growth in Nigeria is expected to decline to 3.2 per cent and 3.0 per cent in 2022...
IMF: Nigeria’s fuel subsidy may hit N6trn in 2022
The International Monetary Fund (IMF) has warned that Nigeria’s total expenditure on fuel subsidy could hit a record N6 trillion by the end of...
DMO faults IMF on Nigeria’s debt sustainability report
The Debt Management Office (DMO) has faulted the projection of the International Monetary Fund (IMF) that Nigeria might spend over 92 per cent of...
IMF links Nigeria’s economic recovery to oil prices, policy support
International Monetary Fund (IMF) has said that the Nigerian economy is recovering from a historic downturn benefitting from government policy support, rising oil prices...
IMF to Nigeria: Remove subsidies on fuel, electricity in January 2022
The International Monetary Fund (IMF) has counselled Nigeria not to delay the removal of subsidies on fuel and electricity.
The Fund suggested that removal of...
