Africa Debt Crisis: 40% of Nations are in Debt
The United Nations Economic Commission for Africa (ECA) has issued a stark warning about the deepening debt crisis facing many ...
Tag: IMF
IMF urges El Salvador to limit Bitcoin law and public exposure
The International Monetary Fund (IMF) has urged El Salvador to narrow the scope of its bitcoin legislation and limit public ...
Nigeria’s Current Account Surges to $1.432 Billion
Nigeria's current account balance has surged to $1.432 billion in 2024, despite the severe economic downturn affecting the nation, according ...
I removed Fuel Subsidy to stop Nigeria from going bankrupt, says Tinubu
President Bola Tinubu has called for Collaboration and Inclusiveness towards addressing Global challenges and ensuring sustainable solutions. Tinubu said that ...
Inflation Forecast to Ease Across Africa
A recent poll by Reuters indicates that inflation across Africa is expected to slow down in 2025. However, Nigeria appears ...
African Finance Leaders Chart Path for Growth
Nigeria, along with eleven other members of the African Consultative Group (ACG), has demanded sufficient and reasonably priced funding to ...
Nigeria’s $2.25 Billion Loan Under World Bank Review
The Nigerian finance ministry has announced that the World Bank will assess and potentially approve Nigeria's $2.25 billion loan request ...
Nigeria and Egypt’s Ranking Decline Reflect Currency Challenges
In a recent report released by the International Monetary Fund (IMF), significant shifts in Africa's economic standings have been projected ...
Board gives Georgieva ‘second chance’ to lead IMF
The Executive Board of the International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as IMF Managing Director for ...
IMF: Global Inflation easing faster than expected but…
The International Monetary Fund (IMF) says Inflation is easing faster than expected but has not been fully defeated. Kristalina Georgieva, ...
