IMF

President Bola Tinubu has said Nigerians are now seeing the positive results of his administration’s reforms. Since he assumed office in May 2023, Tinubu has scrapped subsidy on petroleum products and floated the naira, the result of…

The International Monetary Fund (IMF) has forecasted that South Africa could surpass Nigeria to become the largest economy in Africa. According to the IMF’s World Economic Outlook, South Africa, which is one of the most…

The International Monetary Fund (IMF) has cautioned of an impending recession that will hit one-third of the world in 2023. The Managing Director, IMF, Kristalina Georgieva, made this known during an interview with CBS, an American…

International Monetary Fund (IMF) has disclosed that Nigerians should strengthen up for higher food prices/ risks in 2023 due to recent floods and high fertilizer prices. According to the National Bureau of Statistics, food inflation…

Acting President Ranil Wickremesinghe was elected as the new president of Sri Lanka in an election held in parliament on Wednesday, July 20. After winning the election, Wickremesinghe addressed the parliament. The newly elected…

Lawmakers in Sri Lanka met on Saturday, July 16, to begin the process of choosing a new leader to serve the rest of the term abandoned by the president who fled abroad and resigned after mass protests over the country’s economic…

According to the International Monetary Fund (IMF), the Nigerian economy and other African economies are on the verge of collapse due to inflation, debt, and the FX crisis. IMF Managing Director Kristalina Georgieva reported that…

Calm returned to the streets of commercial capital of Sri Lanka, Colombo on Sunday, July 10, and protesters were jubilant as President Gotabaya Rajapaksa agreed to resign after his house was stormed amid outrage over the South Asia…

International Monetary Fund (IMF) has disbursed $3.4bn emergency financial assistance to Nigeria to support the country’s covid-19 fight. Managing Director of IMF, Kristalina Georgieva, made this known to CNBC Africa on Tuesday,…

The board of the International Monetary Fund (IMF) has approved the sum of $3.4 billion to support Nigeria’s COVID-19 fight. The emergency financial assistance to Nigeria is the highest so far to any member country. The IMF said…

Adamu Garba Nigerian lawmaker and former All Progressive Council (APC) presidential aspirant, Adamu Garba II has reacted to the recent charge given by Emir of Kano, Muhammadu Sanusi II to arrest Northern fathers who send their children…

Hopes of the Organisation of Petroleum Exporting Countries (OPEC) ever witnessing an oil price of $100 per barrels has been dimmed by the latest forecast from the International Monetary Fund (IMF), which expects crude oil prices to drop…