Finance Minister Defends Nigeria’s $5bn Abu Dhabi Loan
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has defended the Federal Government’s $5 billion financing ...
Tag: IMF
IMF Keeps Faith in Nigeria’s Economy
Nigeria’s economy has received another vote of confidence after the International Monetary Fund (IMF) maintained its economic growth forecast for ...
FG Reaffirms Commitment to IMF Partnership as Economic Reforms Continue
The Federal Government has restated its commitment to working closely with the International Monetary Fund (IMF) as it continues implementing ...
AI Could Give Nigeria a Major Economic Boost, IMF Says
Nigeria has been ranked among the top five countries in Sub-Saharan Africa with the strongest potential to benefit from artificial ...
FG dismisses ‘shadow budget’ claims, says IMF report misrepresented
The Federal Government has dismissed allegations that it operates a "shadow budget" involving public spending outside the 2026 Appropriation Act, ...
Oil Price Drop Brings Relief, But Protest Risks Remain High in Emerging Economies
The recent decline in global oil prices following a fragile ceasefire between the United States and Iran has provided some ...
Nigeria Secures $1.5 Billion from UAE Bank as Debate Grows Over New Borrowing Strategy
The Federal Government of Nigeria has received the first $1.5 billion from a $5 billion financing agreement arranged with First Abu Dhabi Bank (FAB), the ...
Nigeria Secures First $1.5 Billion from $5 Billion Abu Dhabi Financing Deal
Nigeria has received the first $1.5 billion from a $5 billion financing agreement with First Abu Dhabi Bank (FAB), marking ...
IMF Backs Further Electricity Reforms as Nigeria Targets Subsidy Reduction
The International Monetary Fund (IMF) has thrown its support behind Nigeria’s ongoing electricity sector reforms, urging authorities to deepen efforts ...
Nigeria’s reserves have already reached around $50 billion and are approaching the CBN’s projected $51 billion year-end level
Nigeria’s gross external reserves rose to $50.886 billion as of June 16, 2026, placing the country within striking distance of ...
