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On Tuesday, the much-anticipated World Economic Outlook (WEO) report of the International Monetary Fund (IMF) was released, projecting Nigeria’s economic growth rate to fall to 3%...
The US tariffs which took effect on Wednesday, affect numerous countries, including Nigeria and several other African nations The CBN says it remains committed to monitoring...
The IMF acknowledged the country’s progress and expressed its commitment to supporting sustainable economic policies in Nigeria, fostering growth and development in the region. Gopinath reaffirmed...
Cardoso expressed the CBN’s readiness to play a critical role in promoting partnership between the two nations, stating that increased cooperation would yield substantial economic benefits...
Egypt’s $9.3 Billion IMF Loan Tops List of African Nations Struggling with Financial Stability” “Reliance on IMF Loans Raises Concerns Over Africa’s Economic Future” “Kenya, Angola,...
Federal Government seeks World Bank loan approval for $2.25bn Funding Funds earmarked for two major development projects. Loans aimed at enhancing economic stability, resource mobilization, and...
Eko Hot Blog reports that The International Monetary Fund (IMF) has made some recommendations on policy actions African leaders must take to avoid a debt crisis,...
The IMF supports Nigeria’s central bank’s policy to unify exchange rates, allowing market forces to determine the rate. The new policy ensures that certain requests will...
The International Monetary Fund has released Nigeria’s economic growth projection for the year 2023, stating an improvement of 3.2% growth. This counters its initial projection of...
President Muhammadu Buhari writes Reps, requests fresh $5.513bn loan. The Federal Government is to borrow a sum of $5.513 billion from external sources to finance the...