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Global growth remains unchanged at 3% in 2024- IMF

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The International Monetary Fund (IMF) says global growth is projected to remain unchanged at 3.2 per cent in 2024 and 3.3 per cent in...

G-24 calls for international effort to restore peace, stability to crisis...

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The Intergovernmental Group of Twenty-Four (G‑24) has called for a strong commitment and united international effort to restore peace, stability, and rebuild livelihoods for...

Georgieva to serve second term as IMF Managing Director

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The Executive Board of the International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as IMF Managing Director for a second five-year term...

IMF says inflation to further drop in 2024

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The International Monetary Fund (IMF) says inflation is easing faster than expected but has not been fully defeated. Kristalina Georgieva, Managing Director of the IMF,...

Stakeholders raise concern as Nigeria’s inflation rate rises to 31.70%

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The challenge of spiraling inflation and how to stem the tide has been central to stakeholder engagements in recent times. According to analysts at CardinalStone...

Experts oppose IMF call on electricity subsidy removal

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Some financial experts have kicked against the International Monetary Fund's (IMF's)  call for the federal government to ensure the total removal of electricity subsidies. They...

NLC suspends day 2 nationwide protest

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The Nigeria Labour Congress (NLC) says it has suspended its second day of nationwide street protests over hunger and economic hardship in the country. Mr....

Group urges NASS to probe spending of $3.4 billion IMF loan

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The Tax Justice and Governance Platform (TJGP) has appealed to the National Assembly (NASS) to investigate the movement and spending of a $3.4 billion...

IMF approves $1.4bn emergency support for Ukraine

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The board of the International Monetary Fund (IMF) has approved the disbursement of 1.4 billion dollars in emergency financing for Ukraine amid Russia’s military...

Pakistan approves new measures to revive IMF stalled bailout

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Pakistan’s parliament has approved new financial measures to raise additional taxes to meet a key condition by the International Monetary Fund (IMF) to revive...

IMF, Mozambique to discuss first credit facility since $2-bn graft scandal

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 The International Monetary Fund will start discussions next month on an extended credit facility with Mozambique, the fund said on Tuesday, its first potential...

IMF to grant Zambia financial relief in return for ‘bold’ reforms

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The International Monetary Fund (IMF) has announced plans to give financial relief to Zambia in return for economic reforms. After talks with the Zambian government,...

Divergent views trail IMF advice on subsidy removal

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Experts have expressed divergent views over the International Monetary Fund (IMF) advice to the Federal Government to ensure total removal of electricity and petrol...

Experts task FG on diversification to surpass IMF projections

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Some financial analysts have urged the Federal Government to diversify the nation’s economy to surpass the International Monetary Fund (IMF) growth projections. They said this...

UNGA 76: DRC President wants the actualisation of ‘all promises made...

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The President of Democratic Republic of Congo (DRC), Félix-Antoine Tshisekedi Tshilombo has urged UN  Member States to “materialize all the promises made to Africa...

Africa can tap into new sources of finance – IMF

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The International Monetary Fund (IMF) says Africa could tap into new sources of finance with radical transparency. Managing Director, IMF, Ms Kristalina Georgieva made the...

Argentina restructures debt offer

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Argentina is set to unveil a new debt restructuring offer that will be kept open until the end of August, President Alberto Fernandez told...
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