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

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

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

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

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

Nigeria has finished repaying its $3.4bn loan from the IMF, but interest charges will continue for several years.

Nigeria has been removed from the IMF debtor list after repaying the $3.4 billion loan. However, there are still payments to ...

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

The International Monetary Fund (IMF) has removed Nigeria from its credit outstanding list for the period covering May 1 to ...

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