IMF Sees Naira Depreciating by 35% to N2,081/$1 in Official Market
The International Monetary Fund, IMF, has warned that the official exchange rate may further depreciate by about 35 per cent,…
IMF Forecasts Record Fall in Nigeria’s Foreign Reserves in 2024
The International Monetary Fund, IMF has said Nigeria’s foreign reserves may see a record fall to $24 billion in 2024.…
Western Union, Moneygram, Others to Pay Nigerians in Naira Instead of Dollars.
International Money Transfer Operators (IMTOs), will now pay Nigerian beneficiaries in Naira instead of Dollars and other foreign currencies as…
IMF Says Insecurity Will Slow Nigeria’s Growth
The International Monetary Fund, IMF has projected that Nigeria’s economic growth will decline in 2023 and 2024 due to security…
UKRAINE: IMF SLASHES GLOBAL GROWTH, MAINTAINS NIGERIA FORECAST
The International Monetary Fund yesterday cut its global economic growth forecast for 2022 to 3.2 per cent in its report…