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IMF

Business and Economy

IMF cites weak economic activities, downgrades Nigeria’s economic growth to 3.1%

THE International Monetary Fund (IMF) has downgraded its forecast for Nigeria’s economic growth in 2024 to 3.1 per cent. The...
Harrison EDEH -
Business and Economy

Nigeria’s inflation rate to drop by 14% in 2029 – IMF

DATA from the International Monetary Fund (IMF) have shown that Nigeria's GDP would grow to 14 per cent by...
Fatimah QUADRI -
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Business and Economy

AfDB seeks overhaul of African ‘concessional loans’ to avert debt crisis

THE African Development Bank (AfDB) has called for an overhaul of the global financial architecture that will see African...
Ehime ALEX -
Business and Economy

Return of fuel, electricity subsidies will widen 2024 budget deficit – IMF

THE  International Monetary Fund (IMF) has warned that Nigeria’s 2024 budget deficit would widen beyond the projected figure due...
Harrison EDEH -
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Business and Economy

Nigeria to face higher debt burden in 2024, says IMF

NIGERIA will face a higher percentage of debt to gross domestic product (GDP) burden in the coming year, according...
Ehime ALEX -
Business and Economy

Why we lifted ban on 43 items from accessing forex – CBN

The Central Bank of Nigeria (CBN) has said it lifted the ban on 43 products from accessing foreign exchange...
Kehinde OGUNYALE -
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