IMF Foresees Weaker Economic Growth For Nigeria
The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth projections for 2024 to 3.0 per cent from 3.1 per cent in its October forecast.
It disclosed this in its ‘World Economic Outlook Update, January 2024.’ In a table,...
Economic Growth: EFCC Will No Longer Shut Businesses During Investigations - Chairman Olukoyede
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede, has said that anti-corruption fights should be premised on initiatives and modalities capable of stimulating economic growth and...
IMF Says Inflation Will Slow Nigeria’s Economic Growth to 2.9%
Inflation will slow Nigeria’s economic growth to 2.9 per cent in 2023, the International Monetary Fund (IMF) has predicted.
It also downgraded the country’s economic growth prospect by 0.3 percentage points to 2.9 per cent for...
IMF's 3.2% Economic Growth Projection Not Enough For Nigeria - CBN
The Central Bank of Nigeria (CBN) has stated that the 3.2 per cent growth projection by the International Monetary Fund (IMF) is not enough considering the poverty rate which is currently standing at 31...
IMF Says Insecurity Will Slow Nigeria’s Economic Growth
The International Monetary Fund (IMF) has projected that Nigeria’s economic growth will decline in 2023 and 2024 due to security issues in the oil sector.
It stated that the country’s economy would grow at 3.2 per cent in...
Paris Summit: Subsidy Removal, FX Policy Needed For Economic Growth - Tinubu
President Bola Tinubu, on Thursday, in France, said Nigeria is ready to do business and receive investments from foreign partners.
He premised this on the ongoing reforms such as the removal of fuel subsidy...