Despite the IMF’s assessment that Nigeria’s debt, at 52.8% of GDP, remains within a “comfort zone,” concerns persist among economic experts. The World Bank’s threshold of 55% for developing countries ...

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

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

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

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 said the reforms of the Bola Ahmed Tinubu government has restored economic ...

International Monetary Fund (IMF) allayed fears that the country was on the verge of sliding into a debt trap, saying Nigeria's debt level is "moderate and not high risk". IMF's First Deputy Managing ...

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 story of Nigeria is one of contradictions—rich in potential, but crippled by its own rulers. Once hailed as the giant of ...

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 ...

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 ...