The International Monetary Fund, has said the raging war between Israel and Hamas is already battering the economies of nearby countries. The Managing Director, IMF, Kristalina Georgieva, disclosed this on Wednesday, to a Saudi investor forum. “You look at the neighbouring countries -Egypt, ...

The International Monetary Fund, IMF, has said in its forecast that South Africa may topple Nigeria as Africa’s biggest economy. According to the IMF World Economic Outlook, South Africa, the most industrialised country on the African continent, is striving towards achieving $401billion gross ...

The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek loan from the Fund to stabilise the currency if it considers a good option. The Washington-based lender however noted that recent exchange reforms and other steps taken by the Nigerian ...

The International Monetary Fund, on Friday, said for Nigeria’s fuel subsidy removal policy and foreign exchange unification initiative to translate to economic growth and stability, the Federal Government must collect more taxes to fund the national budget and pay public debts. The IMF Africa ...