The International Monetary Fund (IMF) has praised Nigeria’s ongoing economic reforms led by the Central Bank of Nigeria (CBN) under the leadership of its Governor, Mr. Olayemi Cardoso. The global …
IMF
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Central BankingEconomyGlobal MarketsGovernanceMonetary PolicyNigeria
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African DevelopmentEconomyFinanceKenyaPublic Debt
Kenya’s Public Debt Hits KSh 11.97 Trillion as Borrowing From Lenders and Domestic Markets Rises
Kenya’s total public debt has climbed to KSh 11.97 trillion as of August 2025, representing 67.4 percent of the country’s Gross Domestic Product (GDP). This was disclosed in the National …
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DevelopmentEconomyFinanceGlobal NewsIMF ProgrammeInternational RelationsNigeriaPolicies
IMF to Release New World Economic Outlook and Global Financial Stability Reports Today
The International Monetary Fund (IMF) will today, Tuesday, October 14, 2025, unveil its latest World Economic Outlook (WEO) report in Washington, D.C., during a hybrid press briefing as part of …
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Debt Management,EconomyFinanceGOVERNMENTInternationalINVESTMENTWestern Africa
Senegal’s Bonds Drop as Moody’s Downgrades Credit Rating Over Debt Concerns
Senegal’s international bonds fell sharply on Monday after Moody’s Investors Service downgraded the West African nation’s credit rating, warning that it was becoming less certain the country would be able …
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EconomyFinanceFinance ConferencesGovernanceInternational AffairsMonetary PolicyNigeria
Nigerian Economic Society to Honour Shettima, Iyabo Masha, Others at Annual Conference
The Nigerian Economic Society (NES) has announced that Vice President Kashim Shettima and Dr. Iyabo Masha, Director of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24), …
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AfricaDigital EconomyEconomySouth Africa
IMF Lowers Growth Forecasts for African Countries Amid Economic Challenges
The International Monetary Fund (IMF) has reduced its growth forecast for several African countries, warning that the continent’s economic progress may slow down if certain challenges are not addressed quickly. …
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Eastern AfricaEconomyFinance & ServicesGOVERNMENTInternational RelationsKenyaPolicies
Kenya Moves to Cut Budget Deficit, Eyes Fresh IMF Talks Amid Economic Pressure
The Kenyan government has announced that it will reduce its fiscal deficit to 4.5 percent of its Gross Domestic Product (GDP) for the 2025/2026 financial year. This is a step …
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Banking, Finance & InvestmentEconomyEducationFinance & ServicesGlobal NewsINVESTMENTNigeriaWestern Africa
CBN Governor Reaffirms Commitment to Economic Stability and Transparency Amid Reforms
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the bank’s commitment to ensuring long-term economic stability, financial inclusion, and policy transparency as Nigeria continues with …
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DevelopmentEconomyFinance & ServicesInternational RelationsMarketsNAMIBIANigeriaPoliciesPoliticsSenegalSouth AfricaTrade and Commerce
African Markets
African financial markets are currently facing a challenging situation, influenced by both global and local factors. There is growing uncertainty in the global economy, as well as domestic political tensions …
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Banking, Finance & InvestmentEastern AfricaEconomyEthiopiaGOVERNMENT
Audit Report Exposes Forex Losses and Debt Pressure at Ethiopia’s Central Bank
A new audit of the National Bank of Ethiopia (NBE) has revealed serious financial troubles, including massive losses in foreign exchange dealings and gold trading, as well as rising government …