The IMF advised Nigeria to reconsider its 2025 N54.99 trillion budget due to lower oil prices, while projecting a 3.4% ...

By Karin Strohecker LONDON (Reuters) -Nigeria needs to adapt its 2025 budget to lower oil prices and scale up cash transfers ...

But the IMF said poverty and food insecurity had worsened, and urged the government to speed up support for the most ...

The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to maintain a tight monetary policy ...

Mr Komolafe said the PIA and recent presidential reforms, the NUPRC working closely with industry stakeholders, have made ...

The IMF says revised oil assumptions are needed in Nigeria’s 2025 budget to avoid widening fiscal deficit and inflation risks ...

Axel Schimmelpfennig, mission chief for Nigeria at the IMF, says the newly approved tax reform bills align with international ...

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has welcomed the release of the ...

The long-standing habit of exaggerating oil revenues in Nigeria is used by the National Assembly to cover the bogus ...

The International Monetary Fund (IMF) has raised concerns over critical data deficiencies in Nigeria, noting that fragmented ...

The Nigerian authorities have implemented major reforms over the past two years which have improved macroeconomic stability and enhanced resilience.

The IMF’s findings are stark, warning that Nigeria’s fiscal deficit could reach 4.7 per cent of its Gross Domestic Product in 2025, significantly higher than the budgeted target.