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Nigeria Ranked 12th Poorest Country Globally by GDP Per Capita in 2025 — IMF Report

ABUJA, Nigeria — Nigeria has been ranked the 12th poorest country in the world by gross domestic product (GDP) per capita, according to new...

Akpabio Declares Tinubu Should Be Sole Candidate for All Nigerians, Not Just APC in 2027

ABUJA, Nigeria — Senate President Godswill Akpabio has declared that President Bola Tinubu should not only be the sole presidential candidate of the All...

Falana-led Coalition Demands Probe Into Alleged Diversion of Nigeria’s $3.4 Billion COVID-19 IMF Loan

ABUJA, Nigeria — The Alliance on Surviving COVID-19 and Beyond (ASCAB), a coalition of 70 labour and civil society organisations, has called on Nigeria’s...

Nigeria Clears $3.4 Billion IMF COVID-19 Loan Ahead of Schedule

ABUJA, Nigeria — Nigeria has fully repaid the $3.4 billion loan secured from the International Monetary Fund (IMF) in 2020 under the Rapid Financing...

Tariffs: IMF Sounds Warning, Says ‘Ships at Sea Don’t Know Which Port to Sail to’

WASHINGTON, USA - Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has raised alarm over the growing erosion of trust between...

ActionAid Nigeria Rebukes World Bank’s Endorsement of Tinubu’s ‘T-Pain’ Reforms

ABUJA, Nigeria — ActionAid Nigeria has strongly condemned recent comments made by World Bank Senior Vice President and Chief Economist Indermit Gill, calling his...

Kristalina Georgieva Reappointed as IMF Managing Director for 2nd Term

WASHINGTON DC, USA - The Executive Board of the International Monetary Fund (IMF) confirmed on Friday, April 12, 2024, that Kristalina Georgieva has been...

Cheta Nwanze: On COP28, Let’s Focus Please [MUST READ]

Thus, it should be no surprise that fast forwarding to 2023, Nigeria's COP28 delegation turned heads with, for example, the unexpected inclusion of the...

Nigeria’s Fantasy: The Thin Line Between Bold Budgeting and Fiscal Fiction [MUST READ]

The Minister of Budget and Economic Planning, Atiku Bagudu, recently unveiled the government’s budgetary proposals for the 2024 fiscal year. A budget is a...

World Bank: Nigeria Faces Rising Poverty Rates as Inflation Soars

ABUJA, Nigeria - According to the World Bank, Nigeria has experienced one of the highest inflation rates globally, which has pushed an estimated four...

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