News

NASS set to approve Tinubu’s loan request, foreign debt nears $70bn, economists worry over high debt-servicing Nigeria’s ...
Data from the Central Bank of Nigeria (CBN) shows that Nigeria spent about $2.01 billion servicing external debts in the ...
Nigeria deserves reforms — but not the kind that strangle its people in the name of fiscal discipline. True reform must come ...
The Yoruba Council Worldwide has commended President Bola Tinubu for repaying the International Monetary Fund loan, describing it as a boost for Nigeria’s ...
Tolu Ogunlesi, a former media aide to President Muhammadu Buhari, praised this repayment as a clear indication of the ...
IMF confirms Nigeria has repaid the $3.4bn COVID loan from 2020, but must continue paying $30m annually in SDR charges.
Nigeria has officially cleared its $3.4 billion emergency loan from the International Monetary Fund (IMF) joining a select ...
Abiola, wife of late Chief MKO Abiola, has lauded President Bola Tinubu for his economic reforms, resulting in the ...
According to Nigeria’s most recent data update published by the IMF on April 30, 2025, the country is expected to pay Special Drawing Rights (SDR) 22.35 million in interest and charges for 2025.
Nigeria spent about $2.01bn on external debt servicing between January and April 2025, marking a 50 per cent increase ...
The International Monetary Fund (IMF) has removed Nigeria from its list of debtor countries, following the full settlement of outstanding ...