imf

Nigeria's Special Drawing Rights (SDRs) with the IMF reached ₦6.19 trillion by the end of 2025, reflecting adjustments for interest, charges, repayments, and exchange rate fluctuations. Nigeria's SDR holdings decreased from ₦6.361…

Global inflation forecast points to higher consumer prices in 2026 as conflict, energy costs and artificial intelligence reshape the world economy. The International Monetary Fund (IMF) has raised its global inflation forecast,…

Rising essential goods prices could worsen poverty and food insecurity in Nigeria, despite stronger economic stability, according to the International Monetary Fund (IMF). The International Monetary Fund (IMF) has warned that higher…

The Federal Government has dismissed claims that it spent about N8.83 trillion outside the approved budget. In a statement issued on Sunday, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele insisted that…

A fresh political controversy has erupted over Nigeria's public finances after former Labour Party presidential candidate in the 2023 election, Peter Obi, and former Vice President Atiku Abubakar demanded greater accountability over an…

The International Monetary Fund (IMF) says Nigeria’s fiscal deficit does not fully reflect government spending because some public expenditure was left out of recent official budgets. Speaking in Lagos on July 1, 2026, the IMF’s Resident…

The International Monetary Fund (IMF) says Nigeria economic reforms are strengthening the economy, although many citizens continue to face severe financial challenges. Following its Article IV consultation, the IMF said reforms…

Nigeria’s external debt could increase sharply over the next two years, with the International Monetary Fund (IMF) warning that economic pressures and election-related spending may drive further borrowing. In its 2026 Article…

The International Monetary Fund (IMF) has suggested that Nigeria may need additional taxes to fund an expanded cash transfer program for vulnerable populations. This suggestion is probably informed by findings by the Fund that, despite…

The International Monetary Fund (IMF) has projected that Nigeria’s debt-to-GDP ratio will rise to 33.1 per cent by 2027, raising fresh concerns about the country’s fiscal outlook. The projection was contained in the IMF’s latest Fiscal…