The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast for 2026 upward to 4.4 per cent. The Bretton Woods institution increased the projection from an earlier estimate of 4.2 per cent, according to its World Economic Outlook (WEO) released on Monday. The fund, however, expects Nigeria’s growth to ease slightly to 4.1 […]
The International Monetary Fund (IMF) has projected that the world economy will remain resilient, expanding by 3.3 per cent in 2026 before easing slightly to 3.2 per cent in 2027, according to its January World Economic Outlook update released Monday. The forecast marks a modest upward revision for 2026 compared with the October 2025 outlook, […]
The International Monetary Fund (IMF) has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade. Mr Abebe Selassie, the Director of the African Department at the IMF, gave the position at a media briefing on the sidelines of the World Bank/IMF Annual Meetings in Washington. He was responding […]