"We can report that Nigeria has, indeed, exited from that debt, meaning we have paid it in full," the minister said.

American lawmakers have introduced a draft bill that would add a 5 per cent tax on money sent to other countries, potentially ...

Nigeria achieved a Balance of Payments surplus of $6.83billion in 2024. This represents a significant turnaround from deficits of $3.34billion in 2023 and $3.32billion in 2022, reflecting stronger ...

Nigeria’s dalliance with multiparty democracy predates the country’s Independence on October 1, 1960. The aftermath of the ...

Nevertheless, poverty remains high and inflation is expected to remain over 20% through the year. The report comes amid a ...

The Nigerian government has repaid major debts including a $1.5bn Eurobond and N30tr CBN loan, marking 2024 as its strongest ...

The Minister of the Federal Capital Territory, Nyesom Wike, his counterpart in the Ministry of Works, Dave Umahi, and other ministers will present their ministries’ success stories at an International ...

The growth of Artificial Intelligence (AI) will triple the demand for electricity in Nigeria, US and other countries in next ...

Nigeria recently announced the full repayment of the $3.4 billion emergency loan obtained in 2020 from the International Monetary Fund ...

The commissioner revealed that over 800,000 properties have been enumerated into the database, and plans are on to get them ...

At present, the best-performing sectors of the economy, like finance and ICT, while important as drivers of growth, are not ...

Since then, it has been remitting only 50 per cent of these gains, using the rest to offset past arrears,” the report said ...