Nigeria’s economic outlook for 2025 is facing growing uncertainty as soaring domestic inflation and persistent global trade disruptions weigh heavily on growth prospects, raising concerns among ...

The naira has maintained relative stability in the foreign exchange (FX) market despite the drop in external reserves.

Kenya has blamed the World Bank (WB) and International Monetary Fund (IMF) for the collapse of the textile industry as ...

ShareRecently, the World Bank forecasted a bleak outlook for Nigeria, indicating that a greater number of the citizens will ...

The adoption of orthodox monetary policies and reforms in the exchange rate regime continue to reverberate across key sectors ...

The Head of Transparency International (TI) Nigeria and Executive Director of the Civil Society Legislative Advocacy Centre (CISLAC), Comrade Auwal Musa Rafsanjani, has thrown his support behind calls ...

Despite some positive surprises, Sub-Saharan Africa faces less vigorous growth forecasts, with necessary reforms in a global environment marked by shifting priorities among world leaders: Amadou ...

The International Monetary Fund, IMF, has applauded Nigeria’s bold reforms, including the removal of fuel subsidy and ...

Good morning, everyone. Welcome to this IMF press briefing. I am Julie Kozack, Director of the Communications Department. Thank you so very much for joining us this morning and, as usual, we are going ...

"My advice is that the President  stays committed to his reform agenda strive to  enhance his team's knowledge capacity ...

In the context of the Fifty-First Meeting of the IMFC that took place in Washington, D.C. on 24th and 25th April, IMFC members welcomed the ongoing efforts to end wars and conflicts, recognizing that ...