Tag: IMF
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Nigeria’s Trade Balance Increases to $1.43 Billion Despite Economic Difficulties
Despite the severe economic crisis besetting the nation, Nigeria's current account balance has grown to $1.432 billion in 2024, according to statistics from the...
IMF advises Nigeria to register and license international crypto trading platforms
The International Monetary Fund (IMF) has advised that global cryptocurrency trading platforms be registered or licensed in Nigeria and subject to regulatory oversight.
In the...
Naira Falls 5.8% Versus the US Dollar in April, Depressing Prospects
The Nigerian Naira had a sharp decrease at the end of April, officially finishing at N1,390.96/$1 in the NAFEM, the official exchange rate market.
This...
Critical Mineral Deposits in SSA can Boost the Region’s GDP by 12% – IMF
The International Monetary Fund (IMF) estimates that significant mineral resources in Sub-Saharan Africa (SSA) can improve the region's GDP by 12% by 2050.
 This was...
Nine Taxes Account for 90% of Nigeria’s Tax Revenue – Wale Edun
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that only nine tax heads provide nearly 90% of the tax...
