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

The Federal Government has confirmed full payment of the sum of $3.4 billion loan received from the International Monetary ...

"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 ...

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.

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

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 ...

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

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

A hard-won recovery in sub-Saharan Africa has been overtaken by recent events. The sudden shift in the global outlook has clouded the region’s short-term prospects and significantly complicated policy ...

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