Countries receiving little of the investment pouring into artificial intelligence still face the rising energy costs and financial pressures reshaping the global economy, International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned on Wednesday.
The IMF maintained Nigeria’s 2026 growth forecast at 4.1 percent, citing resilience despite global uncertainty and the impact of the Middle East conflict.
Nigeria’s economy expanded by 3.89 percent in Q1 2026, but growth remains concentrated in sectors...
July 8 (THEWILL) — The International Monetary Fund (IMF) has projected that Nigeria's economy will expand by 4.1 percent in 2026 and accelerate to 4.3 percent in 2027, even as global economic growth is expected to slow to 3.0...
July 05, (THEWILL) — Federal Government has dismissed allegations that it operated a "shadow treasury" through more than ₦8 trillion in off-budget spending, insisting that every kobo of public expenditure under the administration of President Bola Tinubu is...
July 01 (THEWILL) — The International Monetary Fund (IMF) has disclosed that Nigeria recorded public spending equivalent to about 2 percent of its Gross Domestic Product (GDP) outside recent official budgets.
It noted that the anomaly created a gap between...
June 17, (THEWILL) — Nigeria’s sweeping economic reforms have delivered stronger growth, lower inflation, and improved external reserves, but millions of Nigerians continue to grapple with worsening hardship, according to the International Monetary Fund (IMF).
In its latest Article IV...
June 10 (THEWILL) — The International Monetary Fund (IMF) has urged Nigeria to bring stablecoins and other crypto-asset activities under formal regulatory oversight, warning that the rapid growth of digital assets could pose risks to financial stability if left...
June 10 (THEWILL) — Nigeria’s public external debt is projected to increase by $20.7bn to $72.6bn by 2027, according to the International Monetary Fund, raising concerns about the country’s debt sustainability despite recent macroeconomic reforms.
The projection was contained in...
June 09, (THEWILL) — The International Monetary Fund (IMF) has expressed concerns over Nigeria’s proposed $5 billion borrowing arrangement with First Abu Dhabi Bank, warning that the financing structure could expose the country to fiscal risks due to limited...
June 09, (THEWILL) — The Federal Government has said Nigeria is now on a stronger economic footing despite mounting global economic uncertainties, as it welcomed the International Monetary Fund's (IMF) 2026 Article IV Mission Concluding Statement, describing the assessment...
An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
