IMF
1 Feb
Prices spiked more than six percent in Sri Lanka last month after it hiked taxes in line with IMF conditions to maintain a $2.9 billion bailout loan, official data showed Thursday.
31 Jan
The International Monetary Fund (IMF) has slashed its forecast for Nigeria's economic growth for 2024 from 3.1 per cent to three per cent. The IMF stated this in its revised World Economic Outlook for 2024 and 2025.
30 Jan
The IMF announced Tuesday it has raised its 2024 global growth forecast to 3.1 percent, citing unexpected resilience in major advanced and emerging market economies around the world, including the United States and China.
26 Jan
A sustainable economic growth rate that could push up the output by 3.1 per cent is possible this year. But it will require a “balancing ambitious fiscal reforms”, PwC has noted in its Nigeria Economic Outlook 2024 released yesterday.
16 Jan
The International Monetary Fund (IMF) said almost 40 per cent of jobs globally will be influenced by artificial intelligence (AI), saying advanced economies are expected to experience a higher impact compared to emerging markets and low-income countries.
15 Jan
The year ahead will be "very tough" for fiscal policy -- especially for countries holding elections -- the IMF chief told AFP before departing for the World Economic Forum in Davos, Switzerland
12 Jan
The IMF's executive board approved an immediate disbursement of around $700 million for Pakistan on Thursday as part of a program to support the cash-strapped South Asian country through an economic crisis.
9 Jan
While the International Monetary Fund (IMF) debt sustainability analysis as of February 2021 shows that the majority of countries in West Africa have remained in moderate debt distress, a further analysis indicates that debt accumulation prior to the outbreak of COVID-19 outpaces the ability of growth performance to support debt servicing.
8 Jan
In 2024, President Bola Tinubu’s International Monetary Fund (IMF) recommended fiscal and monetary policies will intensify the hunger in the land. After the N28 trillion padded 2024 budget was signed by Tinubu, the Minister of Finance and Coordinating Minister of the Economy
21 Dec
Nigeria’s public debt hit N87.91 trillion at the end of the third quarter of 2023, following a marginal increase from the N87.38 trillion it was in the second quarter.
18 Dec
Chairman, Board of Trustees (BOT) of the Centre for Transparency Advocacy, Dr Chima Amadi, has said economic remedies from International Monetary Fund (IMF) and World Bank cannot revive Nigeria’s economy.
15 Dec
The Nigeria Labour Congress (NLC) on Friday strongly condemned the World Bank’s recommendation to the Federal Government to increase the price of a litre of fuel from N600 to N750. NLC in a statement said the call by the World Bank's recommendation is a threat to Nigeria's economy as a whole. "We vehemently reject the…
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Napoli are exploring potential replacements for their star forward, Victor Osimhen, who is expected to leave the club during the summer transfer window. Among the potential candidates, Super Eagles striker Terem Moffi has caught the attention of the Italian club as a possible replacement for Osimhen. Moffi's outstanding performances in Ligue 1 with OGC Nice…
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Wilfred Ndidi, the Super Eagles and Leicester City midfielder, has made clear his ambition to move to one of the top six Premier League clubs when the upcoming transfer window opens. The 27-year-old has had a resurgent season with the Foxes under the management of Enzo Maresca, scoring six goals and providing six assists in…
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Russian President Vladimir Putin said Thursday he plans to visit China in May, in what would be his first trip abroad since re-election as the two forge closer ties.
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Montpellier striker Akor Adams remains optimistic about his prospects of earning a spot in Nigeria's Super Eagles squad, despite the fierce competition among the team's forwards. Adams gained attention this year after moving from Norwegian club Lillestrom in a deal worth €4.5 million. The 24-year-old started his Ligue 1 season impressively, scoring seven goals in…
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To encourage voters to turn out in elections, companies in Bengaluru have offered free beers and transportation to voters. President of the hotel association PC Rao told the Bangalore Mirror newspaper, "Different hotels and restaurants will be providing different things to the voters based on their personal call. "While some of these places will provide…
16 mins ago
A key witness in the criminal trial of Donald Trump detailed Thursday how he worked with the former president's personal lawyer to kill a Playboy model's story about a sexual relationship with the Republican.
18 mins ago
The Chief of Naval Staff (CNS) Vice Admiral Emmanuel Ogalla has said he is extending the duration of a special operation launched to combat crude oil theft in the Niger Delta region dubbed Operation Delta Sanity by another 90 days. The special operation which was launched on January 6, 2024 was to combat crude oil theft…
22 mins ago
Head Coach Bankole Olowookere has called up 25 players to the camp of Nigeria's U17 Girls National Team, Flamingos, in preparation for the upcoming FIFA U17 Women’s World Cup qualifying match against Burkina Faso. This squad selection is part of the lead-up to the third round of the African qualifying series. The list includes a…
23 mins ago
Telecommunications companies operating in Nigeria Airtel, MTN, 9Mobile, and Glo, are proposing an increment of tariff. The Association of Licensed Telecommunications Operators of Nigeria (ALTON) and the Association of Telecommunication Companies of Nigeria (ATCON) on Thursday, in a joint statement said the current price control mechanism is not at par with the economic realities. Consequently,…
30 mins ago
Ahead of the Ondo State governorship poll, the National chairman of the ruling All Progressives Congress (APC), Dr Abdullahi Umar Ganduje has called on aggrieved aspirants of the party to bury their hatchet and work in concert with Governor Lucky Aidatiwa towards his victory. Speaking at the start of the reconciliatory meeting held Thursday at…