Tag: IMF
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IMF raises alarm, warns Nigeria experiencing deepening economic crisis
The International Monetary Fund (IMF) has raised an alarm and warned that Nigeria is experiencing a deepening economic crisis.
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IMF raises forecast for global growth in 2024 to 3.1%
The International Monetary Fund (IMF) on Tuesday said that it has improved its forecast for global economic growth in the coming year. However, raising its expectations to 3.1 per cent from an earlier forecast of 2.9 per cent in October.
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Right information on Nigeria’s debt profile will protect financial market – expert
A financial expert, Mr Okechukwu Unegbu, has urged the media and other stakeholders to always get the right information about Nigeria’s debt profile before disseminating it.
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The World Bank, IMF, WTO and other witchcraft organisations – By Owei Lakemfa
The World Bank’s Lead Economist for Nigeria, Alex Sienaert on Wednesday, December 13, 2023 said he was sniffing around for fuel subsidy that the Tinubu administration might still be paying. Like a headmaster warning an errant pupil, Sienaert told the Nigerian Government it does not appear to him that …
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IMF tells CBN to further hike MPR
The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to further hike Monetary Policy Rate (MPR) when next its Monetary Policy Committee (MPC) meets. The position of the Fund was given by its Director of Communications, Ms. Julie Kozack, in Washington DC, United States of America. She noted that the liquidity…
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IMF has been wrong on Nigeria’s Economic Projections – Akabueze, DG Budget Office
Ben Akabueze, the Director-General of the Budget Office of the Federation, says the international Monetary Fund (IMF) has been wrong in its projections of the Nigerian economy in the last four years. The Budget Office Federation DG, spoke on the economic projections of the President Bola Tinubu government for 2024. Speaking on Channels Television’s Politics…
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U.S. to invest $600m in private investments in Africa
The U.S. says it is set to invest $600 million in private investments and infrastructure in Africa as partnership towards deepening global alliance.
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IMF tips South Africa to overtake Nigeria as Africa’s biggest economy in 2024
The International Monetary Fund, (IMF) through its World Economic Outlook has released a report tipping South Africa to overtake Nigeria as Africa’s biggest economy come 2024
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Nigerian Businesses and Consumers Unite Against IMF’s Tax Proposal: Seeking Economic Reform for a Prosperous Future
The International Monetary Fund’s recent proposal to the Nigerian government, suggesting tax hikes as a means to finance the national budget and pay off public debts, has sent shockwaves through the Nigerian business community
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Finance Minister says Nigeria’s debt sustainable
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the country’s debt situation is sustainable and does not require restructuring.