News

Following the news that Nigeria paid off its remaining loans from the International Monetary Fund (IMF) in May, Facebook ...
Nigeria plans to borrow $26 billion in 2025–2026 to bridge budget gaps, raising concerns from the IMF and analysts about ...
The International Monetary Fund (IMF) and financial analysts have raised red flags over Nigeria’s rising public debt, as the ...
Their endorsements of Nigeria’s reforms gave the government a dangerous sense of validation, despite the massive outcry over ...
It has been two years since President Tinubu has been in power and in that time for majority of Nigerians, it has been ...
In 2025, we remain on track with our fiscal targets; gross proceeds per barrel from crude oil are broadly aligned with our ...
Data from the Central Bank of Nigeria (CBN) shows that Nigeria spent about $2.01 billion servicing external debts in the ...
According to Nigeria’s most recent data update published by the IMF on April 30, 2025, the country is expected to pay Special Drawing Rights (SDR) 22.35 million in interest and charges for 2025.
The International Monetary Fund has confirmed that Nigeria has fully repaid the $3.4bn financial support it received under the Rapid Financing Instrument to cushion the economic impacts of the ...
Zainab Duke- Abiola, wife of late Chief MKO Abiola,  has lauded President Bola Tinubu for his economic reforms,  resulting ...
THE Presidency has defended its borrowing strategy as a necessary tool for economic development, insisting that borrowing, when used judiciously, is not a sin.