The Nigerian economy has performed 30% better than projections by the International Monetary Fund (IMF) after the National Bureau of Statistics (NBS) reported figures from the rebasing.
The Federal Government may lose as much as 0.5 per cent of the country’s Gross Domestic Product in revenue following its decision not to raise the Value Added Tax rate, the International Monetary Fund has disclosed.
The International Monetary Fund (IMF) has raised concerns over the lack of a robust social safety net to protect poor Nigerians from the adverse effects of ongoing economic reforms.
Nigeria is rapidly positioning itself as a top destination for global investors, following a series of bold economic reforms introduced by the Central Bank of Nigeria (CBN) and federal authorities.
CBN Reforms, Others Boost Nigeria’s Investment Profile
The founder of the Research Alpha fund and a veteran Asia-Pacific investor, Michael McGaughy, has said that the reforms put in place by the Central Bank of Nigeria (CBN) and others, such as the harmonisation of the foreign...
