Global Economic Trends
The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast upwards for 2024 from three percent to 3.3 percent. This adjustment was announced in the IMF’s World Economic Outlook for April, released during the ongoing 2024 Spring Meetings of the World Bank and IMF in Washington, United States. The updated forecast reflects an increase […]
At the recent International Monetary Fund/World Bank Spring Meetings in Washington D.C., the IMF unveiled its Global Economic Outlook, presenting insights into Nigeria’s economic trajectory, particularly regarding inflation rates. Daniel Leigh, Division Chief of the IMF Research Department, highlighted Nigeria’s economic reforms, including exchange rate adjustments, which have contributed to a surge in inflation, reaching […]
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