Nigeria Rules Out IMF Loans Despite Rising Debt Concerns – Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has firmly stated that Nigeria has no plans ...
Tag: #Nigeria
IMF Refuses to Endorse External or Domestic Borrowing for Nigeria.
The International Monetary Fund (IMF) has declined to recommend whether Nigeria should prioritise external or domestic borrowing, insisting instead that ...
NDIC Moves to Wind Up 89 Failed Microfinance and Mortgage Banks After Successful Rescue
The Nigeria Deposit Insurance Corporation (NDIC) has begun the final stage of liquidating 89 defunct Microfinance Banks (MFBs) and Primary ...
CBN Tightens Oversight on Digital Finance as Nigeria’s Fintech Boom Accelerates
As Nigeria’s digital finance sector experiences explosive growth, the Central Bank of Nigeria (CBN) is stepping up its regulatory efforts ...
Poverty Rate Climbs to 63% in 2025 Despite Sharp Drop in Inflation – World Bank
Nigeria’s poverty rate increased to 63% in 2025, equivalent to about 140 million people living below the poverty line, even ...
World Bank Affirms Nigeria’s Economic Growth Remains on Track Despite Iran Conflict.
The World Bank has maintained that Nigeria’s economic growth trajectory remains intact for the first half of 2026, even as ...
Nigeria’s Inflation Eases to 15.06% in February 2026 Amid Mixed Price Pressures
Nigeria's headline inflation rate edged down slightly to 15.06% in February 2026, according to the latest Consumer Price Index (CPI) ...
Nigeria Still Imports 1.3 Billion Litres of Petrol in December Despite Dangote’s Growing Output
Nigeria imported around 1.31 billion litres of petrol in December 2025, even as the Dangote Petroleum Refinery ramped up its ...
Nigerian Passport Climbs to 89th Globally in 2026 Henley Index, Gains Visa-Free Access to 44 Destinations
Nigerians received a modest but welcome boost in international mobility today as the latest Henley Passport Index ranked the country’s ...
Nigeria’s Fuel Import Bill Plunges 54% in Two Years as Domestic Refining Gains Ground
Nigeria has achieved a major milestone in its long battle against fuel import dependence, with spending on imported refined petroleum ...
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