We Have No Intention to Borrow From IMF's $50bn Fund - FG The Federal Government on Thursday declared that it has no plan to approach the International Monetary Fund (IMF) to borrow from the estimated $50bn, which the IMF had earlier announced on Wednesday that...

IMF Warns Nigeria Over Rising Debt Burden The International Monetary Fund (IMF) has declined to endorse a preference for either external or domestic borrowing for Nigeria, stressing that the country’s rising debt profile requires a stronger focus on sustainability and repayment capacity. Speaking at a media...

Finance Minister Wale Edun says Nigeria is now on a path of stabilisation and recovery, despite current economic hardship.

Nigeria has a $14bn annual infrastructure investment gap, according to Finance Minister Wale Edun, who said the government is seeking both domestic and foreign capital to bridge the shortfall.

32 Banks Meet Recapitalisation Requirements Ahead of Deadline - CBN The Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso, on Thursday disclosed that 32 banks have already met the new capital requirements under the ongoing recapitalisation programme, ahead of the March 31, 2026...

Remittance of Oil Revenues to FAAC - Edun