Nigeria has repaid $3.4 billion in emergency funding it received from the International Monetary Fund (IMF) to help the ...

In early February 2024, when the naira plunged to ₦1,420 per dollar, Abuja-based plastic chair maker Michael faced an ...

Nigeria’s path to a $1 trillion economy is not out of reach, but it demands urgency. Africa’s most populous nation must grow ...

Nigeria’s economy recorded its fastest growth in about a decade in 2024, driven by a strong fourth quarter and an improved ...

The International Monetary Fund has confirmed that Nigeria has fully repaid the $3.4bn financial support it received under ...

In spite of mounting concerns over the huge level of the country's public debt, and the severe impact of rising cost of debt servicing on the economy, the Federal Government, FG, increased borrowing ...

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

IMF confirms Nigeria has repaid the $3.4bn COVID loan from 2020, but must continue paying $30m annually in SDR charges.

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

The International Monetary Fund (IMF) says Nigeria will pay a yearly $30 billion as special drawing rights (SDR) charges for ...