The Federal Government has confirmed full payment of the sum of $3.4 billion loan received from the International Monetary ...

Since then, it has been remitting only 50 per cent of these gains, using the rest to offset past arrears," the report said."Resolving any remaining net arrears and channeling the full benefits of ...

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

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

The complete removal of petrol subsidies in October 2024 was supposed to be a painful but necessary sacrifice, one that would ...

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

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

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

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

The growth of Artificial Intelligence (AI) will triple the demand for electricity in Nigeria, US and other countries in next ...