Tag: , , , ,

IMF downgrades Nigeria’s 2023 growth projection, retains 2022 at 3.4 %

        The International Monetary Fund on Tuesday cut its global economic growth forecast for 2022 to 3.2 per cent in its report titled ‘Gloomy...

Ukraine-Russia war: Nigeria, others may face commodity supply disruptions, says IMF

    The International Monetary Fund says countries that have very close economic links with Ukraine and Russia are at particular risk of scarcity and supply...

Nigerian banks closed 234 branches, 649 ATMs, IMF report

    The International Monetary Fund, IMF, yesterday, said that Nigeria’s banks closed 234 branches and 649 Automated Teller Machines, ATMs, in 2020 leading...

IMF creates fresh loan opportunity for Nigeria

    The Board of Governors of the International Monetary Fund, IMF, has approved a general allocation of Special Drawing Rights, SDRs, equivalent to US$650...