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Global economic outlook gets gloomier – IMF

The global economic outlook is even gloomier than projected last month, the International Monetary Fund said on Sunday, citing a…

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IMF advises Nigeria to make clear policy decisions on inflation

The International Monetary Fund (IMF) has advised Nigeria and other countries to make clear policy decisions for price stability amid…

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IMF downgrades Nigeria’s 2022 growth prospect

The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth projection to 3.2 per cent in 2022. The development is…

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Protests across Sri Lanka over fuel price hikes

Protesters in Sri Lanka took to the streets on Tuesday as the country grappled with a fuel price hike and…

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CBN forecasts 3.24% growth in 2022 despite rising inflation

The Central Bank of Nigeria (CBN) has projected that the Nigerian economy will grow by 3.24 percent in 2022, in…

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EU to ban credit rating agencies from doing business with Russia

European credit rating agencies will be prohibited from rating Russia’s sovereign debt and the country’s companies as part of the…

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Ukraine-Russia crisis to complicate Africa economy — IMF

 Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) says the war in Ukraine can have a devastating…

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IMF approves $1.4bn emergency support for Ukraine

The board of the International Monetary Fund (IMF) has approved the disbursement of 1.4 billion dollars in emergency financing for…

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IMF, World Bank to boost financial, policy support for Ukraine

The International Monetary Fund (IMF) and the World Bank announced plans to support Ukraine on the financing and policy fronts…

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World Bank to provide $2bn for Argentina in 2022

The World Bank will support Argentina with two billion dollars in 2022 amid a severe economic crisis in the country,…

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