IMF
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IMF Cuts Nigeria’s GDP Forecast, Says Economy’ll Shrink By 5.4%
The International Monetary Fund has downgraded Nigeria’s 2020 growth projection, saying the economy will shrink by 5.4 per cent.
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IMF Board Approves $2.77bn Emergency COVID-19 Loan For Egypt
The International Monetary Fund (IMF) board on Monday, approved $2.77 billion in emergency aid for Egypt. This is to help…
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Minister Explains Why Nigeria Is Not Among Beneficiaries Of IMF Debt Relief
The Federal Government has explained why Nigeria was not included among the 25 25 countries recently granted debt relief by…
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IMF Warns ‘Stresses Caused By Pandemic’ Could Renew Social Unrest
The International Monetary Fund, IMF on Wednesday, April 15, 2020, cautioned that “some countries remain vulnerable to new protests, particularly…
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COVID- 19: Full List Of 25 Poor Countries Granted Debt Relief By IMF
The International Monetary Fund (IMF) has announced it has granted debt relief to over 25 poor member countries.
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COVID- 19: IMF Grants Tunisia $745m Emergency Loan To Combat Pandemic
The International Monetary Fund, IMF, on Friday, April 11, 2020 announced it granted a $745 million loan to help Tunisia…
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World Experiences Worst Economic Fallout Since Great Depression Due to COVID- 19 – IMF
The International Monetary Fund, IMF, has said the COVID- 19 pandemic is causing an economic crisis unlike any in the…
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IMF Charges Nigeria 1.5% Interest Rate on $3.4 Billion Loan
The International Monetary Fund (IMF) has said that the $3.4 billion credit facility being requested by the Nigerian government attracts…
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FG Spent N650.2 billion on Petrol Subsidy in 12 Months — NNPC Report
A new report by the Nigerian National Petroleum Corporation (NNPC), has revealed that the Federal Government spent a total of…
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Ending Fuel Subsidy could gain up to 4% of Global GDP–IMF
Fuel subsidy in Nigeria has been a subject of discussion among the stakeholders of the country’s economy. In what appears to be a second…
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