IMF Warns Nigeria Over Rising Debt Burden
The International Monetary Fund (IMF) has declined to endorse a preference for either external or domestic borrowing for Nigeria, stressing that the country’s rising debt profile requires a stronger focus on sustainability and repayment capacity.
Speaking at a media...
IMF Reverses Forecast For Nigeria’s Economy To -4.3% In 2020
The International Monetary Fund, IMF, Tuesday reversed Nigeria’s economy growth projection to -4.3 percent in 2020 from its earlier projection of -5.4 percent.
The Fund also projected that Nigeria’s economy would grow by 1.7 per cent...
