The statistics agency recalculated the value of GDP based on production patterns in 2019, and gave some sectors a bigger ...

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Nigeria. (1) ...

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.

A change in the base year and GDP computation methodology has increased the size of the Nigerian economy. India, too, is in ...

The National Orientation Agency (NOA) says foreign exchange (FX) rate volatility remains the only challenge to Nigeria’s ...

Nigeria’s potential is beyond doubt but achieving it will require continued reforms and an effective social safety net to carry the most vulnerable along. **** Axel Schimmelpfennig is the IMF’s ...

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”.

The Presidency has cautioned the International Monetary Fund (IMF) against what it described as excessive and often ...

Reactions, as usual, have followed the report issued by the IMF after its regular annual visit to Nigeria. The IMF conducts ...

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 ...