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...

Memo to VP Shettima: Northern Nigeria has no reasons to be poor through agriculture By Baba El-Yakubu Dear Mr. Vice President, Kashim Shettima, I watched your recent interview granted to the BBC Hausa. Your response to the Hunger Protests appeared sincere, genuine, and frank. My most important...

Nigeria’s Trade Balance Rises to $1.43bn, IMF Reports Nigeria’s current account balance has increased to $1.432 billion in 2024 despite the economic downturn ravaging the country, data from the International Monetary Fund’s World Economic Outlook shows. The IMF data indicates a posi­tive outlook for Nigeria’s econom­ic...

Nigeria Inflation Rate to Stabilize at 14% by 2029 – IMF According to the International Monetary Fund's latest data, Nigeria's inflation rate is expected to stabilize at 14% in 2029, marking a potential end to the current upward trend. This projection brings relief amidst concerns over...

Nigeria’s Economy to Hit $1.85tn by 2029, IMF Predicts  The International Monetary Fund has predicted that Nigeria’s economy will reach $1.85tn by 2029, in Purchasing Power Parity terms. This forecast suggests a significant growth trajectory for the country’s economy over the next five years. According to the...

Despite Economic Downturn Nigeria’s Current Trade Balance Rises to $1.43bn Nigeria’s current account balance has increased to $1.432 billion in 2024 despite the economic downturn ravaging the country, data from the International Monetary Fund’s World Economic Outlook shows. The IMF data indicates a positive outlook for...