IMF Warns of Deepening Economic Crisis in Nigeria

The International Monetary Fund (IMF) has issued a stark assessment of Nigeria’s economic situation, citing stalled per-capita growth, pervasive poverty, and heightened food insecurity as exacerbating factors in the country’s ongoing cost-of-living challenges. This declaration comes amidst a backdrop of escalating inflation, currency instability, sluggish economic expansion, and widespread business closures. The IMF’s observations were … Continue reading IMF Warns of Deepening Economic Crisis in Nigeria