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Naira Omitted from IMF Exchange Rate List for June 2024

The Naira has been omitted from the International Monetary Fund’s (IMF) Representative Exchange Rates for Selected Currencies for June 2024. This omission highlights Nigeria’s ongoing struggles with stabilising its exchange rate amidst...

IMF Warns Nigeria Against Implicit Fuel and Electricity Subsidies

The International Monetary Fund (IMF) warns the government of Nigeria regarding the continuation of implicit fuel and electricity subsidies. The IMF’s report underscored the negative impact of subsidies, projecting them to reach...

Nigeria’s Inflation: February CPI Hits 31.7%

Nigeria’s inflation persistently high; February CPI hits 31.7%, the highest since April 1996, per National Bureau of Statistics. Analysts alarmed as Nigeria’s inflation rate surpassing estimates, with February CPI at 31.7%; Nigeria...

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Tag: IMf

Naira Omitted from IMF Exchange Rate List for June 2024

Nigeria’s Inflation: February CPI Hits 31.7%

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