The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The International Monetary Fund has advised Nigeria and other countries against returning to blanket petrol subsidies, insisting that governments can shield poor households from rising energy costs without holding down pump prices for everyone. “Protecting people is not the same as protecting the price of fuels,” Rodrigo Valdés, Director of the Fund’s Fiscal Affairs…
The International Monetary Fund has urged African governments to overhaul statistical gathering and boost productivity. IMF directors warned that poor data transparency damages investor confidence and delays essential structural reforms. The fund highlighted Nigeria alongside regional peers as needing immediate improvements in national economic reporting. Accurate economic indicators remain vital for managing public debt and…
Nigeria has emerged as one of the steadier performers in an unsettled global economy, with the International Monetary Fund choosing to leave its growth forecast for the country untouched even as it trimmed expectations for much of the world. The Fund retained Nigeria’s growth forecast at 4.1 per cent for 2026, holding firm despite…
Nigeria channels nearly five times more of its national revenue into servicing external debt than it commits to healthcare and education combined, a fresh review by ActionAid International and ActionAid Nigeria has found, framing the country’s fiscal squeeze as a direct casualty of policy advice from the International Monetary Fund. The report, released on…
The International Monetary Fund has offered a definitive endorsement of Nigeria’s freshly concluded bank recapitalisation programme, describing the policy as a timely buffer against global oil volatility and a cornerstone for the country’s projected 4.1 per cent economic expansion in 2026. During the 2026 Spring Meetings of the World Bank and the IMF in…
African governments are increasingly turning to domestic borrowing to finance public spending as access to international capital markets remains constrained, a shift that offers protection from foreign exchange shocks but introduces fresh financial risks that threaten banking stability and economic growth across the region. The International Monetary Fund disclosed in its latest analysis titled…
The assassination of Iran’s Supreme Leader has plunged global markets into a “prolonged period of flux,” the head of the IMF warned on Thursday. Kristalina Georgieva told the “Asia in 2050” conference in Bangkok that the escalating conflict between Iran, Israel, and the United States is a severe test of global economic resilience. Brent crude…
The International Monetary Fund plays a significant role in moulding economic policies of the world, including Nigeria. Accordingly, the IMF (Nigeria) Staff Country Reports gives kudos to the government in areas they reason are commendable, while offering options to areas they believe can have damaging effects on the economy. Recently, the agency released a report…