"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 ...

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

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 ...

Within the last few weeks, there have been massive developments between West African countries and the International Monetary ...

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

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

The President of the African Development Bank, Dr Akinwunmi Adesina, recently compared Nigeria’s promising $1,857 gross ...

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

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 ...

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned Moses Esther, a civil servant, ...

The Debt Management Office (DMO) has launched a new N300 billion Sovereign Sukuk bond, promising to sustain its effort to ...