Nigeria's

Experts at investment house Afrinvest have asserted that Nigeria’s debt profile requires immediate action to forestall further deterioration. This was stated in their latest macroeconomic update titled ‘Nigeria’s Debt Statistics… High Risk or Not?’ which dwelt on the outcome of the recent country visit of IMF’s First Deputy Managing Director, Gita Gopinath. During the visit

The Federal Government is set to secure six new loans totalling $2.23bn from the World Bank in 2025 as the international financial institution continues to support the country’s economic and structural reforms. Data from the World Bank’s official website indicates that this will bring Nigeria’s total approved loans to $9.25bn over three years, reflecting a

Soccer Nigeria’s Super Eagles have sunk further into trouble in their 2026 FIFA World Cup qualifying campaign, falling five points behind Group C leaders...

News February 19, 2025 by Nicholas Kalu, Abuja Chairman of the House of Representatives Committee on Nigeria-China Parliamentary Relations, Hon. Jaafaru Yakubu, has reaffirmed Nigeria’s unwavering commitment to the One-China Principle, emphasizing that Taiwan remains an inseparable part of the People’s Republic of China (PRC). Speaking to journalists in Abuja on Wednesday, Yakubu warned against

Soccer On Tuesday, Super Eagles coach Eric Chelle unveiled his 23-man squad for the upcoming 2026 FIFA World Cup Qualifiers against Rwanda and Zimbabwe...

The NESG-Stanbic IBTC Business Confidence Monitor (BCM) report has projected that Nigeria’s inflation rate will decline to 27.1% by December 2025, providing a glimmer of hope for businesses and consumers grappling with persistent economic challenges. This forecast reflects a cautious optimism about the gradual stabilization of Nigeria’s economy as structural reforms begin to take effect

The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has described Nigeria as a graveyard of abandoned projects and criticized the federal government’s Highway Development Management Initiative as a burden on growth. Rewane made this disclosure in his presentation at this month’s Lagos Business School Breakfast Session titled “Nigeria in 2025: Breakthrough or Fall

Nigeria’s capital inflow declined to $1.63 billion in November 2024, marking a 13.8% drop from October’s figure of $1.89 billion. This is according to the Central Bank of Nigeria’s (CBN) Economic Report for November 2024. The decrease was driven by a reduction in portfolio investments, foreign direct investment (FDI), and other investment categories, including loans.