Data from the Central Bank of Nigeria (CBN) shows that Nigeria spent about $2.01 billion servicing external debts in the ...

Nigeria under President Bola Ahmed Tinubu 39;s administration has managed to accomplish what many considered a positive ...

Tinubu, celebrating two years in office, says his administration’s reforms are stabilising the economy, cutting deficits, ...

Nigeria deserves reforms — but not the kind that strangle its people in the name of fiscal discipline. True reform must come ...

The reforms have reduced distortions stemming from previous unconventional monetary and exchange rate policies...” Fitch ...

In a blistering new report, global justice group ActionAid has laid bare the devastating toll of International Monetary Fund (IMF)-backed austerity policies on African workers, accusing the ...

NASS set to approve Tinubu’s loan request, foreign debt nears $70bn, economists worry over high debt-servicing Nigeria’s ...

Tolu Ogunlesi, a former media aide to President Muhammadu Buhari, praised this repayment as a clear indication of the ...

The Yoruba Council Worldwide has commended President Bola Tinubu for repaying the International Monetary Fund loan, describing it as a boost for Nigeria’s ...

The tone of Nigeria’s debt conversation in less than a month has pivoted from jubilant to concerned, owing to the intent of ...

The International Monetary Fund (IMF) has removed Nigeria from its list of debtor countries, following the full settlement of outstanding ...

According to Nigeria’s most recent data update published by the IMF on April 30, 2025, the country is expected to pay Special Drawing Rights (SDR) 22.35 million in interest and charges for 2025.