Nigeria faces growing economic strain as the IMF flags rising inflation, higher transport costs, and increasing debt despite a global oil price rally boosting revenues.
The IMF has reduced Nigeria’s economic growth projection for 2026 to 4.1%, warning that global disruptions and higher import costs could slow expansion.
In recent years, Nigeria has increasingly relied on loans from international financial institutions like the International Monetary Fund (IMF) to manage its fiscal challenges. With dwindling...
It is often said among the Igbos and the Yorubas that the wild cat must first be chased away before we blame the hen for wandering...
The International Monetary Fund (IMF), brought into existence in 1944 amidst the profound upheaval of a world reconstructing itself after the cataclysm of World War II,...