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FG to pay IMF $3.51bn in five years as debt service

  The Federal Government of Nigeria is expected to pay the International Monetary Fund a total of $3.51bn between 2022 and 2026 to offset a $3.4bn loan. This is...

Nigeria to spend 92.2% of revenue on debt servicing-IMF

International Monetary Fund (IMF) has said the Federal Government could spend as much as 92.6 per cent of its revenue on debt servicing this year. This is contained in...

Harder times ahead:Remove fuel,electricity subsidies in 2022, IMF tells FG

  Except the federal government of Nigeria have a rethink,harder times await Nigerians as if it heeds the advice of the International Monetary Fund,IMF The...

SDG:COVID-19 sets Nigeria back by six years-IMF

The International Monetary Fund (IMF) has said outbreak of Coronavirus pandemic will make Nigeria to experience a six-year delay in achieving its Sustainable Development...

IMF expresses concerns over unemployment, inflation

…Says economy is improving   An International Monetary Fund (IMF) team on Thursday said that though Nigeria’s economy was “gradually” recovering from...

COVID-19:IMF advises banks to suspend dividend payment

  The International Monetary Fund has advised commercial banks to retain their earnings by suspending payment of shareholders’ dividends during the COVID-19...

COVID-19: Nigeria, others lose $200 billion in 2020 – IMF

Nigeria and other countries in sub-Saharan Africa will lose about $200bn in incomes by the end of 2020, according to the International Monetary Fund. The development is...

APC raises the stake, sells Presidential form for N100million

COVID-19: Don’t give APC govt another $3.4b loan CSOs urges IMF, others

  From Jimi Anjolaoluwa – Abuja Former Deputy National Publicity Secretary of the All Progressives Congress (APC) Comrade Timi Frank, on Monday counselled the...