IMF

IMF Downgrades Nigeria’s Growth Prospect To 3.0%

April 22, (THEWILL) – The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth forecast for 2025 to 3.0 per cent, representing a 0.2 percentage point reduction from its earlier projection of 3.2 per cent. The Fund also projects a...

IMF Warns Against Trade War Ahead Of Trump’s Inauguration

January 17, (THEWILL) – The International Monetary Fund  has raised the alarm over the potential consequences of a renewed trade war led by the United States, just days before Donald Trump’s inauguration as the 45th President of the United...

Tinubu Pledges To Prioritise Welfare Of Poor, Seeks IMF Support To Expand Economy

November 21, (THEWILL) - President Bola Tinubu has assured that his administration will continue prioritising the welfare of the poor and most vulnerable even as the economic reforms bear fruit. Tinubu also requested the support of the International Monetary Fund...

Reforms In Nigeria Not Working — IMF Report

November 16, (THEWILL) - The latest International Monetary Fund report on the economic outlook for sub-Saharan Africa has indicated that Nigeria’s ongoing economic reforms are struggling to deliver meaningful results, even 18 months after their implementation. The report, presented...

OPINION: The IMF, Buhari And The Futile Drive To Rewrite History

October 27, (THEWILL) – The International Monetary Fund (IMF) is at a fatalistic crescendo, a near-fatal precipe, a tragic wit end –akin to the drowning element, it's struggling to grab a straw, to save its face from the...

Fuel Subsidy Removal Was Nigeria’s Domestic Decision – IMF

October 25, (THEWILL) - The International Monetary Fund (IMF) has said the removal of subsidy on petrol was a domestic decision made independently by the Nigerian government. THEWILL reports that President Bola Tinubu, on May 29, 2023, announced the...

Nigeria’s GDP Can Grow By 6.4% In Three Years If Structural Gaps Are Closed – IMF

August 28, (THEWILL) – The International Monetary Fund (IMF) has urged Nigeria to close structural gaps by reducing governance and business regulation bottlenecks by 25 percent, saying the Gross Domestic Product (GDP) output can be lifted by 6.4...

IMF Lauds Nigeria’s Economic Reforms, Projects 3.3% Growth, 24% Inflation In 2024, Caution Against Amendment To CBN Act

May 10, (THEWILL) - The International Monetary Fund (IMF), says it remains positive with Nigeria’s bold economic reforms. Highlighting the autonomy of the Central Bank of Nigeria (CBN), the Fund cautioned against the proposed amendment to the Act establishing...

IMF Asks Nigeria To Tackle Hunger, Says 18.6m Nigerians Experiencing Food Insecurity

March 05, (THE WILL)- The International Monetary Fund (IMF) has urged the Federal Government of Nigeria to tackle the rising food crisis in the country, saying about 18.6 million Nigerians are currently experiencing acute food insecurity. However, in a statement...

IMF Upgrades Global Growth Forecast, Citing U.S. Resilience And Policy Support In China

January 30, (THEWILL) - The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy and fiscal support measures in China. It now sees global growth in 2024 at 3.1%, up...
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IYC Committed To Peaceful Resolution Of Eruani, Daukoru Dispute – Ayebakuro Itari

The Ijaw Youth Council has waded into the dispute between Dr Azibapu Eruani and Mr Kariyai Daukoru with...
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