At the 2025 IMF–World Bank meetings, global lenders praised Nigeria’s reform drive and improved growth outlook but warned of mounting debt, fiscal pressures, and oil-sector risks...
Nigeria launches ₦4trn bond plan to settle GenCos’ arrears, boost investor confidence, and reset the power sector for long-term financial stability.
The IMF says the Naira’s depreciation isn’t necessarily bad, noting it may help restore balance as Nigeria strengthens policy reforms and transparency.
The IMF says illicit financial flows are worsening Nigeria’s revenue crisis, pledging tighter monitoring and reforms to plug fiscal leakages.
But reacting to this in an interview on Channels Television’s “The Morning Brief” programme yesterday, Special Adviser to President Bola Tinubu on Economic Affairs, Tope Fasua,...
According to the global institution, Nigeria’s economy would grow at 3.4 per cent on the back of higher oil output and falling inflation rate, but the...
The upward trend in the total public debt and debt servicing cost may persist given the rise in Federal Government’s domestic borrowing in the first four...
The report noted that while Nigeria saw higher-than-expected economic growth in the final quarter of 2024, particularly in its non-oil sector, the country’s status as a...
He described the “subsidy removal” as merely a justification for increasing fuel prices. He equally questioned the use of the revenue purportedly saved from the subsidy...
Edun affirmed that the project was well underway, with approvals secured, a dedicated team in place, and a structured implementation plan. He underscored the initiative’s potential...