Increasing revenues, establishing an effective budget framework, and scaling up the cash transfer system can all support ...

The International Monetary Fund (IMF) has endorsed Nigeria’s recent financial sector reforms, particularly those led by the ...

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

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

The International Monetary Fund (IMF) has in its recent Article IV Consultations on Nigeria, recognised measures taken by the ...

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

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

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

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.

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 Federal Government FG) to review 2025 N54.99 trillion budget in view of the lower-than-expected oil prices in the international market.