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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 ...
Data from the Central Bank of Nigeria (CBN) shows that Nigeria spent about $2.01 billion servicing external debts in the ...
Nigeria’s total external debt servicing for 2024 amounted to $4.66bn, up from $3.5bn in 2023. Multilateral creditors accounted for the bulk of the amount at $2.62bn, with the IMF responsible for ...
ABUJA, May 9 (Reuters) - The International Monetary Fund on Thursday maintained its growth forecast of 3.3% for Nigeria's economy for 2024, up from 2.9% last year, citing a pick up in services and ...
LAGOS, May 8 (Reuters) - Nigeria has repaid $3.4 billion in emergency funding it received from the International Monetary Fund (IMF) to help the country cope with the impact of the coronavirus ...
Nigeria’s government must urgently address growing food insecurity, with almost one in 10 people facing hunger, the International Monetary Fund said. Nigeria is implementing a series of economic ...
The International Monetary Fund said Nigeria’s economy was growing too slowly to reduce poverty or joblessness and urged the government to boost revenue and scrap its system of multiple exchange ...
IMF Says Nigeria Repays $3.4 Billion COVID-19 Funding LAGOS (Reuters) -Nigeria has repaid $3.4 billion in emergency funding it received from the International Monetary Fund (IMF) to help the ...