CBN’s 2024 Financial Statements as Indicators of Economic Recovery, by Rahma Olamide Oladosu   In a nation where financial anxieties have become a daily soundtrack for citizens and policymakers alike, the recently released 2024 financial statements of Nigeria have provided an unexpected but welcome note of optimism....

Economic Recovery’ll Continue On Rising Oil Prices - Bismarck Rewane   The Managing Director and Chief Executive Officer of Financial Derivatives Company Limited, Bismarck Rewane, has said Nigeria’s economy is expected to rebound as oil prices are likely to remain higher. Rewane spoke during Stanbic IBTC Holdings...

IMF Attributes Nigeria’s Economic Recovery To Govt Policy   International Monetary Fund said that the Nigerian economy was recovering from a historic downturn benefitting from government policy support, rising oil prices and international financial assistance. IMF disclosed this in a statement issued from its headquarters in Washington...

Nigeria, Others Need $484bn For Economic Recovery – AfDB President   The President, African Development Bank, Dr Akinwumi Adesina, says Africa needs $484bn over the next three years to tackle the socioeconomic impact of the COVID-19 pandemic and boost economic recovery. Adesina said this on Saturday at...

Poor Vaccination, Policy’ll Slow Economic Recovery In Nigeria – IMF   The International Monetary Fund says slow vaccine rollout and stark differences in policy space are the leading reasons why economic recovery in Nigeria and other sub-Saharan African countries will be the slowest in the world. The...

COVID-19: IMF Rules Out Nigeria’s Full Economic Recovery Before 2022       Nigeria’s recovery from the impact of the COVID-19 is expected to be weak and gradual under current policies, the International Monetary Fund said on Monday. The IMF also stated that the country’s real Gross Domestic Product...