• IMF Boosts Nigeria’s Growth Outlook to an Impressive 3.9%

    The International Monetary Fund (IMF) has enhanced its forecast for Nigeria’s economic growth, now anticipating a 3.9% increase in Gross Domestic Product (GDP) for 2025....

    IMF upgrades Nigeria’s growth forecast to 3.9
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    The International Monetary Fund (IMF) has enhanced its forecast for Nigeria’s economic growth, now anticipating a 3.9% increase in Gross Domestic Product (GDP) for 2025. This positive revision is attributed to elevated oil output, heightened investor optimism, and a more accommodating fiscal policy environment. These updated projections are detailed in the IMF’s recent World Economic...
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  • Cardoso Steps Up as New Leader of Nigeria’s Delegation to World Bank-IMF Meeting, Replacing Ill Edun

    Due to the illness of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, the Governor of the Central Bank of Nigeria...

    Cardoso replaces ‘ill’ Edun as leader of Nigeria delegation to World Bank-IMF meeting
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    Due to the illness of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, will now head Nigeria’s delegation at the upcoming World Bank and International Monetary Fund (IMF) Annual Meeting in the United States. The conference is scheduled to commence...
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  • Brace for Impact: IMF Chief Sounds Alarm on Looming Economic Uncertainty

    Despite significant disruptions such as the tariffs imposed by former U.S. President Donald Trump, the global economy has demonstrated a surprising level of durability. However,...

    ‘Buckle up’: IMF chief warns of economic uncertainty | International Monetary Fund News
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    Despite significant disruptions such as the tariffs imposed by former U.S. President Donald Trump, the global economy has demonstrated a surprising level of durability. However, the International Monetary Fund (IMF) Managing Director warns that this robustness may be temporary. “Prepare for ongoing volatility,” Kristalina Georgieva cautioned during her address at the Milken Institute on Wednesday....
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  • Nigeria Calls on IMF and World Bank to Boost Climate Action Funding and Drive Global Change

    During the 80th United Nations General Assembly (UNGA) session in New York, President Bola Tinubu, through Vice President Kashim Shettima, called on major financial institutions-the...

    Nigeria tasks IMF, World Bank to scale-up climate action funding
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    During the 80th United Nations General Assembly (UNGA) session in New York, President Bola Tinubu, through Vice President Kashim Shettima, called on major financial institutions-the World Bank, International Monetary Fund (IMF), and African Development Bank (AfDB)-to significantly increase their investments in climate initiatives. Highlighting the urgency of the climate crisis, Tinubu emphasized that addressing this...
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