News

Within the last few weeks, there have been massive developments between West African countries and the International Monetary ...
"We can report that Nigeria has, indeed, exited from that debt, meaning we have paid it in full," the minister said.The Minister of Information and National Orientation, Mohammed Idris, has confirmed ...
While inflation remains “high and persistent,” the Bank forecasts a gradual decline to an average of 22.1% by 2025. It ...
Although the principal has been fully settled, Nigeria will continue to make annual interest payments of around $30 million ...
The International Monetary Fund (IMF) has confirmed that Nigeria has fully repaid the $3.4 billion financial support it ...
LAGOS, May 8 (Reuters) - Nigeria has repaid $3.4 billion in emergency funding it received from the International Monetary ...
Mohammed Idris, minister of information and national orientation, says the full repayment of Nigeria’s $3.4 billion COVID-19 ...
Nigeria recently announced the full repayment of the $3.4 billion emergency loan obtained in 2020 from the International Monetary Fund ...
Nigeria has been removed from the IMF debtor list after repaying the $3.4 billion loan. However, there are still payments to ...
The growth of Artificial Intelligence (AI) will triple the demand for electricity in Nigeria, US and other countries in next ...
Despite an official unemployment rate of 4.3% in Q2 2024, Nigeria still faces high youth underemployment. Skill-based public-private partnerships are gaining ground to improve job readiness. Over 150 ...