The IMF said Nigeria’s gross international reserves rose to $46 billion in 2025, up from $40 billion at the end of 2024.
While the external shock to fuel and food prices will push up inflation in the short run, the disinflation path is projected to continue in the second half of the year.
Median inflation is also expected to rise to five per cent by the end of this year.
The annual meetings bring together central bankers, ministers of finance and development, and private sector leaders.
Economists said targeted interventions could help bridge the gap between projections and actual performance.
The presidency did not disclose the nature of the minister’s ailment or when he is expected to return to work.
According to him, the solid mineral sector was now pivotal in Nigeria`s economy.
The fund said Nigeria’s growth is projected at 3.4 per cent in 2025 and 3.2 per cent in 2026.
Poverty and food insecurity persist in Nigeria despite international praise for recent economic reforms.
HCD 2.0 programme is designed to elevate Nigeria’s Human Capital Index (HCI).
