News

The International Monetary Fund (IMF) has spotlighted Nigeria as a key destination for private sector investment, identifying potential opportunities worth up to $17.3 billion across four strategic ...
The Presidency has cautioned the International Monetary Fund (IMF) against what it described as excessive and often ...
Terrorism-scarred Christians in Nigeria are praying for God’s intervention as they await help from the government and the ...
The statistics agency recalculated the value of GDP based on production patterns in 2019, and gave some sectors a bigger ...
Reactions, as usual, have followed the report issued by the IMF after its regular annual visit to Nigeria. The IMF conducts ...
Nigeria, Africa’s most populous country, has implemented difficult reforms to tackle long-standing obstacles weighing on the economy. While the reforms are starting to show results, poverty and food ...
The National Orientation Agency (NOA) says foreign exchange (FX) rate volatility remains the only challenge to Nigeria’s gross domestic product (GDP).
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Nigeria. (1) ...
The Senate has approved Nigeria's President Tinubu’s request for an external borrowing plan of over $21bn for the 2025–2026 ...
Nigeria’s economy is about 30 per cent larger than previously thought after the west African nation updated the method by which GDP is calculated, the first rejigging of its statistical model in more ...
The International Monetary Fund (IMF) says Nigeria must raise more domestic revenue, improve its budgeting process, and expand cash transfers to lift millions out of poverty, despite early signs of ...
The IMF also praised ongoing efforts to strengthen Nigeria’s banking sector. This includes the recapitalisation plan that will significantly raise banks’ minimum capital by March 2026.