Oil Revenues to Decline in Nigeria, Other Countries, Says IMF The International Monetary Fund has warned Nigeria and other oil-producing countries in Sub-Saharan Africa to expect a decline in oil revenues as the world transitions from fossil fuels to cleaner energy in the coming years. This...

IMF Warns CBN of Financial Instability with Rate Hikes The International Monetary Fund has warned that Nigeria and other emerging economies are at risk of financial instability if benchmark interest rates are continuously raised. In a new report entitled, “Interest Rate Increases Volatile Markets Signal Rising...

IMF: Inflation Pushing Nigeria, Others to the Brink The International Monetary Fund has warned that inflation, debt, and forex crisis is pushing the Nigerian economy and other African economies to the brink. The Managing Director of the IMF, Kristalina Georgieva, said ministers of finance and central...