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Crisis-hit Pakistan strikes $3bn IMF bailout deal

Crisis-hit Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) over $3 billion (£2.4 billion) of funding. The deal, which still needs...

IMF cautions as eNaira transactions hit N1.4m

The Managing Director of the International Monetary Fund, Kristalina Georgieva, has cautioned about the unforeseeable "consequences" that could be brought about by retail central...

Nigeria’s economic growth to decline by 3% next year —IMF

In the backdrop of the in-coming new regime in Nigeria, the International Monetary Fund, IMF, has indicated that the country’s economic growth will see...

Why Nigeria’s inflation index is outdated —IMF

The International Monetary Fund, IMF, has said the index weights and basket deployed by the National Bureau of Statistics, NBS, for the monthly consumer...

IMF asks CBN to extend deadline for old notes

The International Monetary Fund (IMF) has asked the Central Bank of Nigeria to consider extending the February 10 deadline for the swapping of old...

Nigerians should brace up for higher food prices in 2023, says IMF

The International Monetary Fund has said that Nigerians should brace up for higher food prices/ risks in 2023 due to recent floods and high...

Zainab Ahmed: FG may borrow more from IMF, restructure debt

Zainab Ahmed, minister of finance, budget and national planning, says the federal government is considering tapping into the newly created fund by the International...

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