Business
Nigeria Clears $1.6 Billion IMF Debt, Joins List of Non-Debtor Nations
Nigeria has cleared its $1.6 billion IMF debt, joining non-debtor nations like Switzerland and China, marking a major financial milestone.
9 May 2025
IMF
Business
IMF Projects Nigeria’s Inflation to Average 37% in 2026
IMF forecasts Nigeria’s inflation to average 26.5% in 2025 following CPI rebasing, with renewed pressure expected in 2026 may spike to 37.0%.
23 April 2025
Business
UBA Group Chairman Tony Elumelu Gets Advisory Role at IMF
UBA group chairman Tony Elumelu gets appointed to IMF advisory council to help shape the institution’s research and analytical agenda.
28 March 2025
Business
Nigeria’s Economy is Suffering From Corruption And Misrule – WTO, IMF
WTO and IMF commend Nigeria’s economy reforms under President Tinubu but warn of severe inflation, naira devaluation and corruption
3 February 2025
Business
IMF and World Bank Urge CBN to Sustain Inflation Control Efforts
The IMF and World Bank have emphasized the importance of the CBN efforts to control inflation as Nigeria’s inflation rose to 34.8%
27 January 2025
Business
IMF Projects Slowdown in Nigeria’s Economic Growth for 2024
IMF projects a slowdown in Nigeria’s economic growth due to the impact of heavy floods and drop in oil production.
23 October 2024
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