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

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

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

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

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

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

The International Monetary Fund has advised the Nigerian government to review its 2025 budget to reflect lower-than-expected ...

The International Monetary Fund (IMF) has advised the Federal Government FG) to review 2025 N54.99 trillion budget in view of the lower-than-expected oil prices in the international market.

The Fund warned that a drop in global oil prices or higher external financing costs could jeopardise Nigeria’s fragile recovery, strain fiscal buffers, and ...

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

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.

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