IMF Highlights Fiscal Gap in Nigeria’s Budgets   The International Monetary Fund (IMF) has revealed that Nigeria left approximately two per cent of its Gross Domestic Product in public spending unrecorded within recent official budgets, obscuring the true extent of the nation’s actual financing needs. Speaking to...

IMF Verifies Nigeria's $3.3bn Loan Repayment   The International Monetary Fund (IMF) has confirmed that Nigeria has fully repaid the $3.4bn financial support it received under the Rapid Financing Instrument to cushion the economic impacts of the COVID-19 pandemic. In a statement sent to journalists on...

Without Structural Gaps, Nigeria’s GDP will Grow by 5% – IMF The International Monetary Fund (IMF) has said that Nigeria’s economy stands to grow at five per cent beyond the current 3.19 per cent if there is a 25 per cent removal of bottlenecks around...