Morenike Babington-Ashaye, the President, International Centre for Tax Research and Development (ICTRD) has alleged that imperialist institutions, IMF and World Bank have been behind the downfall of Nigeria, that they and their allies are responsible for the hard time Nigerians are facing at the moment. “Britain has been a parasite on Nigeria for too […]
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The International Monetary Fund (IMF) said Nigeria’s foreign reserve is expected to see a significant reduction, falling to $24 billion in the year 2024. This prediction was detailed in the IMF’s latest country report for Nigeria, signalling potential challenges ahead for Africa’s largest economy. As of February 8, 2024, data from the Central Bank of […]
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International Monetary Fund (IMF) has revealed that Nigeria can repay its $2.82 billion debt to the Washington-based institution following recent reforms. The explanation followed conclusion of its Executive Board’s Post Financing Assessment with Nigeria. “The Executive Board of the International Monetary Fund (IMF) concluded the Post Financing Assessment (PFA) and endorsed the Staff Appraisal on […]
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The International Monetary Fund (IMF) in its January edition of World Economic Outlook (WEO) slightly lowered its growth projections for the country for 2024 to three percent, from the 3.1 percent earlier projected in its WEO released last October. The IMF growth projection was lower than the 3.76 percent projection in Nigeria’s 2024 budget. The […]
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