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IMF upgrades Nigeria’s 2019 GDP growth forecast to 2.3%

THE International Monetary Fund (IMF) yesterday upgraded its growth rate forecast for Nigeria’s Gross Domestic Product (GDP) in 2019 to 2.3 percent, while retaining 2.1 percent for 2018, citing improved crude oil prices.

How IMF, World Bank can fight IFFs – TJNA

The International Monetary Fund (IMF) and the World Bank has been urged to do more in the fight against Illicit Financial Flows (IFFs) around the World, especially from Africa.

Foreign investment in FG’s debt instruments hit $16bn –IMF

Nigeria’s return to positive economic growth and stable exchange rate has triggered increased investors’ confidence in the nation’s economy prompting foreign investment in federal government debt instruments to rise by 300 percent to   $16 billion as at March this year.  

Nigeria, S/Africa weigh down growth in sub-Sahara Africa – IMF

THE International Monetary Fund, IMF, yesterday, placed Nigeria and South Africa at the downside of Africa’s economic outlook in the short to medium term. The Fund also warned that Sub-Saharan African nations are at growing risk of debt distress because of heavy borrowing and gaping deficits, despite an overall uptick in economic growth.

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