The increase was due to payments to China’s Exim Bank, which rose to $182.04 million in Q3. Other creditors include the Exim ...

As Africa's largest economy charts a new course towards fiscal stability, the International Monetary Fund (IMF) has sounded a ...

Overall, the IMF Deputy Director stressed the need for Nigeria to optimise its revenue streams by strengthening tax ...

The International Monetary Fund (IMF) has said the reforms of the Bola Ahmed Tinubu government has restored economic ...

Despite Nigeria’s economic growth, a troubling trend has emerged—Gross Domestic Product (GDP) per capita is steadily declining, highlighting the country’s shrinking prosperity. The ...

The International Monetary Fund (IMF) has reassured Nigerians that the country is not at risk of falling into a debt trap, ...

The International Monetary Fund (IMF) has advised Nigeria to establish a unified exchange rate regime with a near-term focus on allowing for greater flexibility and removal of payments backlog.

Yet, by 1985–86, Nigeria was having difficulty rescheduling a relatively paltry $2 billion in insured trade credits, with its creditors insisting on a prior IMF-supported reform program. Why, in view ...

Despite Nigeria’s economic growth, a troubling trend has emerged—Gross Domestic Product (GDP) per capita is steadily declining, highlighting the country’s shrinking prosperity. The International ...

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun on Tuesday met with the First Deputy Managing ...

Beyond the contraction in economic output, Nigeria’s real GDP growth has also slowed considerably. The IMF data showed that real GDP growth, which measures economic expansion adjusted for ...