says IMF

The International Monetary Fund (IMF) says the ongoing crisis in Ukraine threatens to undo Africa’s post-COVID-19 economic recovery. Kristalina Georgieva, IMF managing director, said this after a meeting with African…

The International Monetary Fund (IMF) says Nigeria has sufficient capacity to repay its loan.The executive board of the Washington-based institution said this in a…

The International Monetary Fund (IMF) has revealed that Nigeria’s digital currency, the eNaira has been “drawing substantial interest from the outside world,” since it was unveiled on…

Nigeria and other emerging markets whose economies were hit by Coronavirus (COVID-19) should take more loans to pave the way for their quick…

REGULAR foreign exchange (forex) interventions in Nigeria and other emerging economies create false sense of security and hope on the local currency, the International Monetary…

The drop of Nigeria’s oil and gas export caused by COVID-19 pandemic will lead to the loss of $26.5 billion, the International Monetary Fund (IFM) has said. A released transcript of the…

The International Monetary Fund (IMF) has said Nigeria, emerging markets and other developing economies have lost over $100 billion in portfolio flow reversals due to the COVID-19 pandemic.…

The International Monetary Fund (IMF) has projected that Nigeria’s economy will recede by 3% in 2020. This would be the worst recession in 30 years after the 2015 recession. This is…