"We can report that Nigeria has, indeed, exited from that debt, meaning we have paid it in full," the minister said.

Nigeria recently announced the full repayment of the $3.4 billion emergency loan obtained in 2020 from the International Monetary Fund ...

"Since then, it has been remitting only 50 per cent of these gains, using the rest to offset past arrears," the report said ...

The Nigerian government has repaid major debts including a $1.5bn Eurobond and N30tr CBN loan, marking 2024 as its strongest ...

American lawmakers have introduced a draft bill that would add a 5 per cent tax on money sent to other countries, potentially ...

The President of the African Development Bank, Dr Akinwunmi Adesina, recently compared Nigeria’s promising $1,857 gross ...

Nigeria achieved a Balance of Payments surplus of $6.83billion in 2024. This represents a significant turnaround from deficits of $3.34billion in 2023 and $3.32billion in 2022, reflecting stronger ...

Data is the foundation of economic policy. Governments use it to plan budgets, respond to crises, measure growth, and make ...

The Debt Management Office (DMO) has launched a new N300 billion Sovereign Sukuk bond, promising to sustain its effort to ...

At present, the best-performing sectors of the economy, like finance and ICT, while important as drivers of growth, are not ...

The Debt Management Office (DMO) has launched a new N300 billion Sovereign Sukuk bond with a promise to sustain its effort to ...

Trade unions and civil society organisations from Nigeria, Kenya, and Uganda have called on their governments to immediately suspend ongoing and planned ...