IMF Raises Nigeria’s 2021 GDP Growth Forecast to 2.5%
The International Monetary Fund (IMF) has revised upward its growth forecast for the Nigerian economy in 2021 from one per cent it had predicted in January to 2.5 per cent.
Five Million Jobs Needed Annually for 10 Years to Close Unemployment Gap in Nigeria, IMF Says
The International Monetary Fund (IMF) says Nigeria needs to absorb the projected 54 million new entrants in the labour force by creating 5 million jobs annually for the next 10
IMF Urges Nigeria to Embark on Aggressive Revenue Drive, Raise VAT to 10% by 2022
The International Monetary Fund has stressed the need for Nigeria’s federal government to intensify revenue mobilisation in order to reduce fiscal sustainability risks. It also advised the federal government to
IMF Foresees Improved Capital Spending in Nigeria
The International Monetary Fund (IMF) has projected that Nigeria’s capital spending will improve this year while anticipating that financing the country’s deficit will remain a challenge with its huge debt
Nigeria Owes IMF, World Bank, Others $31.98bn
Nigeria’s bilateral and multilateral debts stood at $31.98 billion as of September 2020, according to the latest figures released by the Debt Management Office (DMO). The outstanding debts are not
