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.

"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 ...

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

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

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

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 ...

Nigeria recently announced the full repayment of the $3.4 billion emergency loan obtained in 2020 from the International Monetary Fund ...