As Global Debt Hits $184trn, IMF Warns Nigeria The International Monetary Fund said on Wednesday that global debt had reached an all-time high of $184trn in nominal terms, the equivalent of 225 per cent of Gross Domestic Product in 2017, warning of “a legacy of...

IMF Forcasts Poor Revenue Generation For Nigeria   The International Monetary Fund’s prediction of a weak revenue generation for Nigeria in the short term may have some implications, according to reports. This is coupled with the Federal Government’s recent projections of lower revenue for 2019 than budgeted...

50% Revenue Used For Servicing Nigeria's Debt – IMF   The International Monetary Fund on Thursday painted the precarious situation of the nation’s economy in particular and Sub-Saharan Africa’s, in general, going by how much the country and the region spend on debt servicing. According to the...

FG Rejects IMF’s Tax Recommendation   In response to the International Monetary Fund’s recommendation that Nigeria increases its revenue through tax, Finance Minister Zainab Ahmed has said the country has no plans to effect any such hike. Zainab disclosed this while addressing Nigerian journalists on the participation...

Forbes Kicks Against IMF's Rating Of Nigeria’s Economy   Forbes has disagreed with the International Monetary Find (IMF) over Nigeria’s economic growth in 2018 and projections for 2019. Whilst Forbes sees Nigeria’s economy as the most performing in Africa in 2018, with good prospects for 2019, IMF...

Africa's Growth: Nigeria, S/Africa, Angola Tasked To Ensure Solid Economic Footing   The International Monetary Fund (IMF) has called on Nigeria, South Africa and Angola to ensure solid economic footing to accelerate African economic growth. The IMF Chief Economist, Mr Maurice Obstfeld, made this call on Tuesday...