This web page presents information about the work of the IMF in Nigeria, including the activities of the IMF Resident Representative Office. Additional information can be found on the Nigeria and IMF country page, including IMF reports and Executive Board documents that deal with Nigeria.
At a Glance
- Current IMF membership: 190 countries
- Date of Nigeria's membership: March 30, 1961
- Special Drawing Rights (SDR): 1498.96 million
- Quota (SDR): 2454.5 million
- Latest Article IV consultation: April 3, 2019
Office Activities
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April 2023 SSA REO Presentation
A presentation made at the Spring 2023 SSA REO launch held in Lagos, Nigeria on May 9, 2023 at the Lagos Business School.
May 9, 2023
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Presentation - Nigeria Macroeconomic Developments and Outlook: IMF View
Presentation by Resident Representative, Ari Aisen, to FMDA quarterly event on September 16, 2022.
September 16, 2022
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Arise News - Interview with Ari Aisen
Conjunction of Difficulties, Limiting Nigeria's Growth Capabilities - Ari Aisen
June 3, 2022
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Mr. Aisen presenting the April 2022 SSA REO in Abuja, Nigeria.
The hybrid event was held at the Transcorp Hilton Abuja and drew 159 people (83 in person and 76 online). Participants included representatives from the government, private sector, banks, academics/students, CSOs, development partners, diplomatic corps, and the media.
May 30, 2022
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April 2022 SSA REO: Presentation Event Photos
May 30, 2022
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Press Briefing: Nigeria 2021 Art. IV Consultation
Opening Remarks by IMF Mission Chief Ms. Jesmin Rahman
February 10, 2022
Nigeria and the IMF
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Economic Growth in Sub-Saharan Africa Could Permanently Decline if Geopolitical Tensions Escalate
May 1, 2023
Countries will need to build resilience to manage the inevitable shifts in trade and foreign direct investment.
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Transcript of the April 2023 African Department Press Briefing
April 14, 2023
Transcript of the April 2023 African Department Press Briefing
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Transcript of the 2023 Fiscal Monitor Press Briefing
April 12, 2023
Transcript of the 2023 Fiscal Monitor Press Briefing
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Transcript of April 2023 World Economic Outlook Press Briefing
April 11, 2023
Transcript of April 2023 World Economic Outlook Press Briefing
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Food Insecurity in Nigeria: Food Supply Matters Nigeria: Nigeria
March 6, 2023
Author/Editor:Alun H. Thomas | Rima A Turk
Series:Selected Issues Paper No. 2023/018
Regional Economic Outlook for Sub-Saharan Africa
April 14, 2023
Growth in sub-Saharan Africa will decline to 3.6 percent this year. Amid a global slowdown, activity is expected to decelerate for a second year in a row. Still, this headline figure masks significant variation across the region. The funding squeeze will also impact the region’s longer-term outlook. A shortage of funding may force countries to reduce resources for critical development sectors like health, education, and infrastructure, weakening the region’s growth potential.Read the Report
Fraudulent Scam Emails Using the Name of the IMF
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF
Departmental Papers on Africa
The Departmental African Paper Series covers research on sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.