IMF Forecasts Stronger Recovery For World Economy

IMF Forecasts Stronger Recovery For World Economy

The International Monetary Fund is now forecasting a stronger economic recovery this year and next. The IMF has upgraded both its UK and global forecasts compared with what it projected in January.  But the British economy is still predicted to...
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IMF: Global Economy ‘Losing Momentum’

IMF: Global Economy ‘Losing Momentum’

The global economic recovery may be losing momentum as coronavirus infections surge again, the International Monetary Fund has warned. Fund chief Kristalina Georgieva said more economic help is needed, and warned countries against withdrawing aid too soon. Rec...
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Seaports’ Infrastructure Takes Centre Stage As Hassan Bello Briefs IMF Team

Seaports’ Infrastructure Takes Centre Stage As Hassan Bello Briefs IMF Team

By Moses Ebosele, ebosele@gotmail.com — All hands are on deck to improve state of infrastructure at Nigerian Seaports, the Executive Secretary and Chief Executive Officer of Nigerian Shippers Council (NSC), Hassan Bello, has said.   Briefing a deleg...
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Photo News

Photo News

Left to Right: Director General, West African Monetary Institute, Dr. Ngozi Egbuna, Deputy Governor, Central Bank of Nigeria, Mrs Aisha Ahmad and Acting Director General, Securities and Exchange Commission (SEC) on Sunday at the ongoing annual meetings of the ...
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IMF Cautions Nigeria, Others On China Loans

IMF Cautions Nigeria, Others On China Loans

The International Monetary Fund (IMF) has cautioned Nigeria and other developing countries from taking loans from China due to unfavourable loan conditions. Mr Tobias Adrian said this on Wednesday during the launch of the Global Financial Stability Report for ...
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2019: IMF Projects Lower Global Economic Growth

2019: IMF Projects Lower Global Economic Growth

The International Monetary Fund (IMF) has projected a lower global economic growth rate for 2019 at 3.3 percent, down from 3.6 percent recorded in 2018. It added that the growth for 2018 was revised down by 0.1 percentage point relative...
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IMF: Economic backdrop in Nigeria remains challenging

IMF: Economic backdrop in Nigeria remains challenging

The economic backdrop in Nigeria remains challenging, despite some signs of relief in the first half of 2017, International Monetary Fund (IMF), has said.   At the end of a visit to Nigeria, IMT team led by Amine Mati, Senior...
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IMF downgrades US, UK growth

IMF downgrades US, UK growth

The International Monetary Fund (IMF) has lowered its forecasts for US and UK economic growth this year, following “weaker-than-expected activity” in the first three months. The IMF says it now expects the UK to grow by 1.7% this year, compared...
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