The International Monetary Fund has urged Nigeria to revise its N54.99 trillion 2025 budget downward in response to weakening oil revenues. It also recommends continued tight monetary policy and high ...

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

The International Monetary Fund (IMF) has warned that Nigeria’s fiscal outlook for 2025 is under serious threat and that the ...

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

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

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

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 ...

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

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 raised concerns over critical data deficiencies in Nigeria, noting that fragmented ...