The International Monetary Fund has warned the Nigerian government to remove what it called implicit fuel and electricity subsidies. In a report published recently by the IMF, the organisation told…
Borrowers in both private and public sectors are in for tougher times, the International Monetary Fund (IMF) has predicted. The IMF hinged its forecast on the significant rise in inflation…
Nigerians face tougher days ahead as spiralling nationwide hunger resulting from untamed inflation, food insecurity and shrinking purchasing power worsen under the President Bola Ahmed Tinubu administration. Tinubu’s economic team,…
The International Monetary Fund, (IMF), has said Nigeria’s foreign reserves may fall to $24bn in 2024. The fund revealed this in its latest country report for Nigeria, indicating a significant…