"We can report that Nigeria has, indeed, exited from that debt, meaning we have paid it in full," the minister said.The Minister of Information and National Orientation, Mohammed Idris, has confirmed ...

The International Monetary Fund (IMF) has clarified that while Nigeria has made significant progress in settling its ...

LAGOS, May 8 (Reuters) - Nigeria has repaid $3.4 billion in emergency funding it received from the International Monetary ...

The International Monetary Fund (IMF) has confirmed that Nigeria has fully repaid the $3.4 billion financial support it ...

Although the principal has been fully settled, Nigeria will continue to make annual interest payments of around $30 million ...

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

While inflation remains “high and persistent,” the Bank forecasts a gradual decline to an average of 22.1% by 2025. It ...

Nigeria has been removed from the IMF debtor list after repaying the $3.4 billion loan. However, there are still payments to ...

Although there is no one-size-fits-all strategy, we can find a tax reform path suitable to Nigeria’s circumstances. Based on these cross-country experiences, this paper recommends: (i) implementing a ...

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

Nigeria has finished repaying its $3.4bn loan from the IMF, but interest charges will continue for several years.

Despite an official unemployment rate of 4.3% in Q2 2024, Nigeria still faces high youth underemployment. Skill-based public-private partnerships are gaining ground to improve job readiness. Over 150 ...