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IMF Reports 72% Decline in Nigeria’s GDP Per Capita, Signaling Economic Downturn

IMF Reports 72% Decline in Nigeria's GDP Per Capita, Signaling Economic Downturn   Nigeria, Africa's largest oil producer with a population of over 200 million, has experienced a decade-long economic slump, marked by a staggering 72.35% decline in its GDP per capita. Data obtained from the website of the International...

Nigeria’s GDP Per Capita Drops to $835, Says IMF

Nigeria's GDP Per Capita Drops to $835, Says IMF   According to the International Monetary Fund (IMF), Nigeria's economic performance has taken a hit, with the country's Gross Domestic Product (GDP) per capita decreasing by 4.74% to $835.49 in 2025, compared to $877.07 in 2024. According to data from...

Nigeria’s GDP Growth to Remain Steady at 3.2% in 2025 – IMF

Nigeria's GDP Growth to Remain Steady at 3.2% in 2025 - IMF The International Monetary Fund (IMF) has maintained its economic growth projections for Nigeria, forecasting a 3.2% expansion in 2025 and 3% growth in 2026. This was disclosed in the multilateral institution’s latest World Economic...

IMF, World Bank and their Russian Roulette with Nigeria, by Umar Farouk Bala

IMF, World Bank and their Russian Roulette with Nigeria By Umar Farouk Bala Nigeria’s national debt has become a point of contention among various stakeholders, including global institutions, policymakers, and citizens. While external financial institutions such as the International Monetary Fund (IMF) and the World Bank...

The Petrol Paradox: Understanding the Real Cost of Fuel in Nigeria By Muhammed S. Ibrahim

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

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...