Nigeria has completed the repayment of the principal amount of its $3.4bn loan from the International Monetary Fund, with the final payment made on April 30, 2025, The PUNCH reports. The loan, ...

Following the news that Nigeria paid off its remaining loans from the International Monetary Fund (IMF) in May, Facebook posts shared hundreds of times falsely claimed the country was “debt free”. In ...

Nigeria is on track to fully repay its International Monetary Fund Rapid Financing Instrument loan by 2029, according to findings by The PUNCH. The latest repayment schedule published by the Fund on ...

Economic and finance experts were unanimous yesterday that the Nigerian economy has entered a strong recovery phase, with the country’s real Gross Domestic Product (GDP) growth expected to exceed the ...

Nigeria is placed ahead of South Africa and Egypt which are second and third respectively. In August, Nigeria was reported to have lost its position as Africa’s biggest economy to South Africa, ...

Man walks past the IMF logo at HQ in Washington 29,385 people played the daily Crossword recently. Can you solve it faster than others?29,385 people played the daily Crossword recently. Can you solve ...

A high-level delegation from the International Monetary Fund (IMF) at the weekend met with the Federal Government’s team on budget and economic planning to discuss the country’s five-year growth plan.

WASHINGTON, Oct. 24, 2025 /PRNewswire/ -- During the 2025 IMF–World Bank Annual Meetings in Washington, D.C., the Central Bank of Nigeria (CBN) convened a strategic fintech roundtable -- part of ...

IMF spokesman Gerry Rice told a weekly news briefing the Fund wanted to see how effectively the naira exchange market functions once the new float system is put into effect next Monday. IMF welcomes ...

The Central Bank of Nigeria (CBN) has disclosed that at $46.7 billion, the foreign reserves have the capacity to provide over 10-month of import cover for the economy. The reserves also signal ...