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 ...

Nigeria spent about $5.47 billion in 14 months repaying debt to China, IMF, the World Bank, and others.

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 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 ...

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 ...

This was stated in their latest macroeconomic update titled ‘Nigeria’s Debt Statistics… High Risk or Not?’ which dwelt on the outcome of the recent country visit of IMF’s First Deputy ...

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 International Monetary Fund (IMF) has asked the Federal Government to cushion the reforms' harshest impacts with targeted social investments. President Bola Tinubu's economic reforms have been ...

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 ...