"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 ...

Nevertheless, poverty remains high and inflation is expected to remain over 20% through the year. The report comes amid a ...

Nigeria’s dalliance with multiparty democracy predates the country’s Independence on October 1, 1960. The aftermath of the ...

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

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

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

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned Moses Esther, a civil servant, ...

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 ...

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

The Federal Government of Nigeria, through the Agro-Climatic Resilience in Semi-Arid Landscape Project (ACReSAL), a World ...

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