International Monetary Fund

China’s renminbi needs significant domestic reforms to challenge dollar’s dominance

China’s currency, the renminbi, which was added last year to the International Monetary Fund’s Special Drawing Right basket of major…

Nigeria’s informal economy accounts for 65% of GDP – IMF

Unregistered household enterprises comprise a significant portion of Nigeria’s economy, accounting for as high as 65 percent of GDP, says…

Nigeria’s economic metrics seen to trend positive in 2017 on forex availability, stable oil prices

Barring plunges in oil prices and production cuts, major indicators of the Nigerian economy may be trending towards improvement in…

Nigeria economy slump continues as GDP contracts 0.5% in first quarter

Nigeria’s economy continued its slump and contracted for a fifth consecutive quarter in the three months through March as oil…

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