The Petrol Paradox: Understanding the Real Cost of Fuel in Nigeria By Muhammed S. Ibrahim For some time, the price of petrol in Nigeria has been a subject of heated debates. Some insist that Nigerians enjoy some of the cheapest petrol in the world while others...

What Will Bashir Adeniyi International Trade Centre Offer? By Abdulsalam Mahmud Nigeria's economy is facing critical challenges that are affecting citizens' livelihoods and hindering national progress. These economic woes are partly the result of fiscal policies that have proven inadequate in addressing the country's problems. Insecurity is...

IMF, World Bank and Nigeria's Huge Debt By Wale Odunsi The 2024 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) took place from October 21 to October 26 in Washington, D.C., the United States capital. As usual, it was a...

Inflation Will Remain Substantially Higher in Nigeria, Other Oil Exporting Countries in 2025 - IMF   The International Monetary Fund (IMF) has projected that with further policy adjustments expected, median inflation will decline slightly in Nigeria, Angola and Ghana, but noted that headline inflation will remain...

IMF Reveals Factor Hindering Nigeria’s Socioeconomic Development The International Monetary Fund (IMF) has said that Nigeria allocates the majority of its revenue to debt servicing, leaving limited funds for critical development projects. Speaking during the Fiscal Monitor press briefing at the ongoing IMF/World Bank Annual Meetings...

Global Economic Growth Impeded by High Debt, IMF Cautions The Head of the International Monetary Fund (IMF) cautioned on Thursday that high debt and low growth remained major impediments to the global economy. IMF Managing Director Kristalina Georgieva told CNBC that while notable progress had been...