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IMF projects -4.3% growth for Nigeria in 2020, assumes $41 a...

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By Audrey Lotechukwu WED, OCT 14 2020-theG&BJournal-The International Monetary Fund (IMF) in its October 2020 World Economic Outlook published Tuesday said the global economy is...

Reps approve FG’s $5.513 billion borrowing request, increase recurrent expenditure by...

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WED, JUN 10 2020-theG&BJournal-The Federal House of Representatives today approved the Federal Government’s (FG) request to borrow $5.513 billion from external sources to finance...

How the great lockdown saved lives

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By Pragyan Deb, Davide Furceri, Jonathan D. Ostry and Nour Tawk TUE, JUN 02 2020-theG&BJournal- Since the COVID-19 outbreak was first reported in Wuhan, China...

$3.4bn loan: IMF backs Nigeria’s transparency measures

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…IMF’s mission chief explains why Nigeria did not benefit from recent IMF debt service relief FRI, MAY 29 2020-theG&BJournal- The International Monetary Fund (IMF)...

Governments have spent $9 trillion as fiscal support in response to...

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WED, MAY 20 2020-theG&BJournal- Governments around the globe have put forward $9 trillion as fiscal support in response to the COVID-19 pandemic. The amount...

Nigeria’s economy grew 2.27% y-on-y in 2019

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By Audrey Lotechukwu THUR, APRIL 30 2020-theG&BJournal- Nigeria’ Gross Domestic Product grew in real terms by 2.27% year-on-year, a significant improvement compared to 1.91% recorded...

COVID-19 Nigeria: Nigeria finally gets $3.4 billion emergency support from IMF

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TUE, APRIL 28 2020-theG&BJournal- The of SDR 2,454.5 million (US$ 3.4 billion, 100 percent of quota) emergency financial assistance comes under the Rapid Financing...

The short-term liquidity line: A new IMF tool to help in...

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By Geoffrey Okamoto Challenging times for emerging markets THUR, APRIL 23 2020-theG&BJournal- The COVID-19 pandemic has severely disrupted the global economy at every level. Across the...

A global crisis like no other needs a global response like...

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By Kristalina Georgieva TUE, APRIL 21 2020-theG&BJournal- I have been saying for a while that this is a 'crisis like no other.'  It is: -More complex,...

The Great lockdown: Worst economic downturn since the Great Depression

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By Gita Gopinath TUE, APRIL 14 2020-theG&BJournal- The world has changed dramatically in the three months since our last update of the World Economic...