…Says tight monetary policy stance required to firmly guide inflation down
The International Monetary Fund (IMF) has said that the economic reforms undertaken by Nigeria since 2023 have significantly improved the country’s capacity to withstand external economic shocks.
This observation was contained in the 2025 Article IV Consultation report, which the IMF released on Friday. The report followed a visit by an IMF team led by Axel Schimmelpfennig, the Fund’s mission chief for Nigeria, who held discussions with key stakeholders in Lagos and Abuja between April 2 and April 15.