IMF urged Nigeria to channel subsidy savings to social protection while presenting the Regional Economic Outlook Update for Sub-Saharan Africa.

The entities involved

• Nigeria →

  sovereign state in West Africa

  • Godswill Obot Akpabio, a Nigerian politician, was confirmed to serve as a senator and President of the Senate.18:58
  • NCC supports Nigeria's digital transformation goals.18:57
• International Monetary Fund →

  international financial institution

  • The IMF analyzes India's fiscal and inflation status, estimating the economic outlook amid West Asia energy shocks.19:13
  • John Healey plans to tax banks like Barclays and HSBC to offset public finance damage, following praise from the IMF regarding UK progress.18:36

Related events

• Nigeria's financial management is under review by the IMF, with aid status, total return swaps, and legislative budget loans being considered.Jun 29
• The government urges investment in Nigeria and promotes economic growth across Africa while working to reduce borrowing costs for businesses.Jul 30
• IMF raised Nigeria's growth forecast for 2026, reflecting the nation's macroeconomic stability.Tue 07:58
• The IMF urged Nigeria to reduce its dependence on oil.16:10
• The World Bank is providing data on poverty trends in Nigeria, while the IMF is releasing reports assessing the country's economic reforms.Jun 15