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Nigeria is attracting more dollars, but the naira is barely responding

Nigeria is generating and accumulating dollars at a pace that should, all else equal, support a stronger naira. Yet the read more Nigeria is attracting more dollars, but the naira

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AI ‘widening economic inequality’, IMF boss warns

The global AI boom is fast becoming the key driver of economies around the world but the boom is risking wider global inequality by leaving some nations behind, IMF chief

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AI could transform productivity, economic policies- IMF

The International Monetary Fund (IMF) says Artificial Intelligence (AI) could significantly transform productivity, investment, labour markets and economic policy, while creating both opportunities and risks for workers, businesses and countries.

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32m Africans fell into extreme poverty in 2020 ― IMF

***Predicts difficult post-COVID recovery ***Projects 3.4% for 2021 By Emma Ujah – Abuja The International Monetary Fund (IMF) disclosed that 32 million people in Sub-Saharan Africa were pushed into extreme

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Digital money can facilitate remittances – IMF

  Kristalina Georgieva, Managing Director of, International Monetary Fund (IMF) says the world is witnessing a revolution in digital money that can make remittances easier, faster, and cheaper. She said

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World Bank/IMF: Committee says COVID-19 pandemic causing economic shock, others

BY Peter Egwuatu The Development Committee of World Bank Group , WBG and International Monetary Fund, IMF on Friday said that the coronavirus, COVID-19 pandemic has caused an unprecedented public

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Pope Urges IMF, World Bank to Cut Poor Nations’ Debts

Pope Francis on Thursday urged the International Monetary Fund (IMF) and the World Bank to cut the debt burden of poor countries hit by the economic impact of the COVID-19

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IMF proposes $ 650b special drawing rights to members — Kristinalina Georgieva

…Harps on what Central Banks must do now …Says economic fortunes divergent dangerously Emma Ujah, Abuja Bureau Chief The International Monetary Fund (IMF) is to propose a $650 billion Special

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IMF raises Nigeria’s economic growth forecast to 2.5%

Emma Ujah, Abuja Bureau Chief ECONOMY The International Monetary Fund (IMF) has raised its economic growth forecast for Nigeria   in 2021 to   2.5 per cent.   The IMF

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IMF Raises Nigeria’s 2021 GDP Growth Forecast to 2.5%

The International Monetary Fund (IMF) has revised upward its growth forecast for the Nigerian economy in 2021 from one per cent it had predicted in January to 2.5 per cent.