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The economy of Nigeria is set to face more pressure in 2025 after the International Monetary Fund (IMF) predicted that the country’s budget deficit will rise to 4.7 percent of Gross Domestic ...
3h
AllAfrica on MSNIMF Warns Nigeria of Increased Budget Deficit As Oil Prices FallA section of the review containing a report prepared by an IMF staff team for the executive board's consideration, reckoned that Nigeria's consolidated fiscal deficit will rise to 4.7 per cent of GDP ...
Tuggar warns that Africa loses $88.6 billion annually to illicit financial flows, draining resources vital for sustainable ...
Welcome to our live blog covering the latest developments from across the continent. Follow real-time updates on political ...
Mr Komolafe said the PIA and recent presidential reforms, the NUPRC working closely with industry stakeholders, have made ...
The naira recorded a gain of N90 or 5.7% in the black market and 0.8% in the official foreign exchange (FX) market in the ...
The Executive Director of the Civil Society Legislative Advocacy Centre (CISLAC), Comrade Auwal Ibrahim Musa (Rafsanjani), ...
The International Monetary Fund has urged Nigeria to revise its ?54.99 trillion 2025 budget downward in response to weakening ...
The IMF has rejected Pakistan's proposal to offer subsidised electricity tariffs to crypto mining operations, citing concerns ...
22h
Legit.ng on MSNRevealed! IMF sends warning to Nigeria as oil prices fallsThe IMF advised Nigeria to reconsider its 2025 N54.99 trillion budget due to lower oil prices, while projecting a 3.4% ...
The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) held its 92nd Ordinary Session on June 30, 2025. The Board approved a total amount of EUR 174 million and USD 125 ...
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