Stop electricity subsidy, IMF tells FG
The International Monetary Fund has warned the Nigerian government to remove what it called implicit fuel and electricity subsidies. In…
Nigeria’s foreign reserves drop to record low, fall to $24bn in 2024—IMF
The International Monetary Fund (IMF), says Nigeria’s foreign reserves dropped to a record low of $24 billion in 2024 from…
Naira under pressure, Nigeria may seek dollar loan—IMF
Marrakech—The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek loan from…
2023 will be tougher than 2022, Many countries will suffer recession—IMF chief
Washington—International Monetary Fund, (IMF), Managing Director, Kristalina Georgieva has said that 2023 will be tougher than 2022 for most of…
