Nigeria’s Inflation Rate to Drop to 15.5% in 2025, IMF Forecasts The International Monetary Fund (IMF) has foreseen a decline in Nigeria’s inflation rate to 23 percent in 2024 and 15.5 percent in 2025. Daniel Leigh, IMF’s Division Chief of Research Department, hinted on this...

IMF Projects 10.4% Contraction In Global Trade         The International Monetary Fund (IMF) has projected a 10.4 per cent contraction in global trade as well as a global economic growth rate of -4.4 per cent in 2020. In the just-released biannual World Economic Outlook (WEO) report, the...

The International Monetary Fund (IMF) has released its World Economic Outlook (WEO) in which it advised Nigeria to adopt flexible foreign exchange (FOREX) regime to restore values of revenues and the naira. Speaking at a media briefing to unveil the report at the ongoing IMF/World...