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The Naira experienced a slight depreciation on Friday at the official market, trading at N1,528.56 to the dollar.
The International Monetary Fund (IMF) has authorized a $262.3 million disbursement for Ethiopia, taking total payments under Extended Credit Facility program to roughly $1.87 billion. • The new ...
ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project • Lagos-Calabar highway seen boosting regional trade and investment • Part of broader plan to modernize Nigeria’s transport ...
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has welcomed the release of the ...
The International Monetary Fund (IMF) has warned that Nigeria’s fiscal outlook for 2025 is under serious threat and that the ...
The economy of Nigeria is set to face more pressure in 2025 after the International Monetary Fund (IMF) predicted that the country’s budget deficit will rise to 4.7 percent of Gross Domestic ...
President Bola Tinubu has said his administration has made the smuggling of Nigeria’s crude oil unattractive, even as he ...
The Managing Director/ CEO of Asset Management Corporation of Nigeria (AMCON),. Gbenga Alade, has said that obligors of the ...
Bloomberg on MSN14h
IMF Sees Nigeria Fiscal Deficit WideningThe IMF expects Nigeria's fiscal deficit to reach 4.7% of GDP in 2025. Despite lower oil prices widening its budget gap, economic reforms in Africa's biggest crude producer have improved. Bloomberg's ...
14h
AllAfrica on MSNIMF Warns Nigeria of Increased Budget Deficit As Oil Prices FallA section of the review containing a report prepared by an IMF staff team for the executive board's consideration, reckoned that Nigeria's consolidated fiscal deficit will rise to 4.7 per cent of GDP ...
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