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 ...

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 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, ...

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 ...

The International Monetary Fund recently advised the Nigerian government on the steps to take, to mitigate what appears to be an impending economic crisis. The advice was given in a statement ...

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, ...

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 ...

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 ...

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 ...

WASHINGTON/ABUJA, Dec 11 (Reuters) - Nigeria's economy is likely to contract by 3.25% this year before rebounding to growth of 1.5% in 2021, the International Monetary Fund said on Friday. Africa's ...

LAGOS, Nov 19 (Reuters) - Nigeria's economy is likely to grow by 2.6% this year in a "subdued" recovery from last year's recession, the International Monetary Fund (IMF) said on Friday. The fund, ...