•Gbenga Hashim A Peoples Democratic Party (PDP) presidential aspirant, Dr Gbenga Hashim, has faulted Nigeria’s continued reliance on the International Monetary Fund’s (IMF) economic prescriptions. He said the country’s economic decline stemmed from policy choices shaped by external institutions rather than domestic realities. Hashim said this ...
The World Bank and the International Monetary Fund (IMF) yesterday urged decisive measures to further reduce inflation in order to translate economic gains into tangible improvements in household welfare. The global lenders and development partners admitted that macro-economic gains are being recorded on the strength of reforms but declared th...
•Tinubu and IMF logo Nigeria walked a fine line between applause and anxiety at the 2025 Annual Meetings of the International Monetary Fund (IMF) and World Bank, as the country’s reform momentum drew commendation from global financiers, while fiscal, debt, and oil-sector concerns triggered calls for vigilance and deeper discipline. The IMF, in...
•Tinubu and IMF logo The International Monetary Fund has revealed that Nigeria is not among Africa’s fastest-growing economies, as countries such as Benin Republic, Côte d’Ivoire, Ethiopia, Rwanda, and Uganda continue to lead the continent’s growth trajectory in the world. The IMF said the five countries are now among the world’s fastest-expan...
•Tinubu and IMF logo The International Monetary Fund (IMF) has called on Nigeria and other nations to reduce their debt burdens, cautioning that excessive borrowing can stifle economic growth. Kristalina Georgieva, Managing Director of the IMF, made the appeal yesterday during a civil society organisation town hall at the ongoing annual meetin...
•Tinubu and IMF logo The International Monetary Fund (IMF) has stated that NigeÂria’s budgeting process will conÂtinue to suffer from a deep-seated optimism bias — an entrenched tendency to overestimate revenue potential despite chronic underÂperformance in actual collections. The Fund, in its selected paÂpers titled, ‘Fiscal Forecasting ErÂro...
•Malema and World Bank headquarters in Washington, DC South African opposition leader, Julius Malema, has cautioned the continent against loans from Brentwood organisations and others, warning that such moves can undermine Africa. Malema spoke yesterday in Enugu as a keynote speaker during the opening ceremony of the Nigeria Bar Association (N...
•IMF logo and Tinubu When the International Monetary Fund (IMF) released its latest Article IV ConÂsultation report on Nigeria last week, the tone was broadly optimistic but experts see deeper pain across the country. The IMF’s prescription, according to the analysts, reads more like a recipe for prolonged hardship, reports The Guardian. The F...
•Tinubu The International Monetary Fund (IMF) yesterday confirmed that Nigeria has fully repaid the $3.4 billion COVID-19 financial support it got under the Rapid Financing Instrument (RFI). But despite the confirmation, the government is still indebted to the multilateral organisation to the tune of about $30 million, which is the Special Dra...
•NLC President Joe Ajaero A few days ago, the leadership of the Nigeria Labour Congress, NLC, on behalf of the Nigerian workers, received a two-man delegation from the International Monetary Fund, IMF, comprising the IMF Resident Representative for Nigeria, Christian H. Ebeke, and, Axel Schimmelpfennig from Washington, D.C. The purpose of the ...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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