18 Articles
18 Articles
Naira gains 0.22% against dollar as IMF hails CBN fx reforms - Worldstage
WorldStage Newsonline– The Naira on Wednesday gained N3.42 against the dollar, trading N1526.15 at the official market amid commendation by the International Monetary Fund (IMF). Data obtained from the website of the Central Bank of Nigeria (CBN) showed that the Naira appreciated by 0.22 per cent. The local currency traded on Tuesday at N1,529.57 to a dollar. Meanwhile, the IMF in its 2025 Article IV Consultation report on Nigeria, has praised C…
IMF Commends Nigeria’s Economic Reforms
The Executive Board of the International Monetary Fund (IMF) has concluded the 2025 Article IV Consultation with Nigeria, praising the country’s monetary and fiscal authorities for successfully implementing significant reforms over the past two years. The IMF team also welcomed the related gains in macroeconomic stability and resilience. A statement issued in Washington, DC, on July 2, 2025, noted that the Central Bank of Nigeria was appropriate…
IMF Hails Tinubu Govt Reforms, But Says "Gains Yet To Benefit All Nigerians" - Global Upfront Newspapers
The International Monetary Fund (IMF) on Wednesday hailed the “major reforms” being implemented by President Bola Ahmed Tinubu “over the last two years,” saying they “have improved macroeconomic stability and enhanced resilience” in the country. Stating that “growth has been steady but too low in per-capita terms,” the IMF added that “inflation remains high.” However, the international lender of last resort said in its latest Nigeria report titl…
Nigeria’s Economy Strengthens as IMF Backs Reform Measures
By Daniel Adaji The International Monetary Fund (IMF) has endorsed Nigeria’s economic reforms, describing them as bold, credible, and critical to the country’s recovery. In its latest Article IV Consultation released on Wednesday, the IMF praised recent measures for restoring macroeconomic stability and positioning Nigeria for inclusive, long-term growth. The IMF noted that Nigeria’s policy reforms particularly those led by the Central…
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