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

"We can report that Nigeria has, indeed, exited from that debt, meaning we have paid it in full," the minister said.The Minister of Information and National Orientation, Mohammed Idris, has confirmed ...

Nevertheless, poverty remains high and inflation is expected to remain over 20% through the year. The report comes amid a raft of reforms by President Bola Tinubu's government.

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

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

In less than two weeks the All Progressives Congress-led government of President Bola Ahmed Tinubu would mark its mid-term in office. Which is the same thing as saying that the emergence of the winner ...

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

The Federal Government has demonstrated strong fiscal responsibility by successfully repaying its inaugural N100 billion ...

Although the principal has been fully settled, Nigeria will continue to make annual interest payments of around $30 million ...

The federal government of Nigeria has confirmed that it has fully settled the $3.4 billion COVID-19 loan obtained from the ...

The Federal Government of Nigeria has successfully repaid its first ever Sovereign Sukuk of N100 billion, issued in 2017, ...

The World Bank, established in 1944 at the Bretton Woods Conference alongside the International Monetary Fund (IMF), had an ...