Nevertheless, poverty remains high and inflation is expected to remain over 20% through the year. The report comes amid a raft of reforms by President Bola Tinubu's government.

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

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

The federal government of Nigeria has confirmed that it has fully settled the $3.4 billion COVID-19 loan obtained from the ...

The World Bank, established in 1944 at the Bretton Woods Conference alongside the International Monetary Fund (IMF), had an ...

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

Share The Nigerian government was in the news this week. Its rating in the finance circle notches up on confirmation that the ...

This successful repayment reflects Nigeria's commitment to meeting its international financial obligations and may enhance ...

The International Monetary Fund (IMF) announced that Nigeria has completely settled the $3.4 billion in COVID-19 financial ...

The Delta APC has lauded President Bola Ahmed Tinubu for the full repayment of Nigeria’s debt to the International Monetary ...