Nigeria’s foreign exchange market continues to be a subject of intense scrutiny, with divergent views emerging from global financial institutions. While the International Monetary Fund (IMF) has expressed optimism about…
The Nigeria Labour Congress (NLC) has intensified its criticism of the International Monetary Fund (IMF) over the recent removal of petrol subsidy in Nigeria. In a strongly worded statement, the…
The International Monetary Fund (IMF) has issued a strong call for Nigeria to undertake significant structural reforms to bolster its economic outlook. Tobias Adrian, the IMF’s Financial Counsellor and Director…
Nigeria is setting its sights on a significant boost to its foreign exchange reserves, targeting monthly remittance inflows of $1 billion and exploring the issuance of a diaspora bond in…
The International Monetary Fund (IMF) has categorically refuted claims that the Nigerian government has sought a loan from the institution. Abebe Selassie, the IMF’s Director of the African Department, clarified…
The International Monetary Fund (IMF) has unveiled a promising outlook for Nigeria’s economy, suggesting that a significant growth spurt is attainable through targeted reforms. In a recent analysis, the IMF…
Ghana’s Inflation battle against inflation appears to be yielding positive results. The country’s inflation rate for June 2024 dropped to 22.8%, marking its lowest level since April 2022. This represents…
CEM REPORT, ECONOMY| Nigeria’s economic reform journey takes a positive turn as the International Monetary Fund (IMF) throws its weight behind President Bola Ahmed Tinubu’s economic policies. This endorsement, outlined…
CEM REPORT, FINANCE| Central bank independence has long been a cornerstone of a healthy global economy. Now, the International Monetary Fund (IMF) is equipping central banks with a powerful tool…
CEM REPORT, ECONOMY | The International Monetary Fund (IMF) is in critical talks with Egypt to salvage its troubled $3 billion loan program, with additional financing deemed “critical” for success.…