Many African nations are struggling with heavy IMF debts, but a few have maintained low debt levels, giving them greater ...

Peter Obi, the Labour Party’s 2023 presidential candidate, has expressed strong disapproval of President Bola Tinubu’s recent trip to Saint Lucia in the Caribbean, condemning it as ill-timed and ...

External debt hits 70.63 trillion naira ($45.97 billion), up from $42.11 billion Domestic debt also increases as government faces growing budget pressures Parliament reviews new $24.14 billion loan ...

Nigeria is the 12th poorest country by gross domestic product (GDP) per capita in 2025 in the world based on data from the ...

Senator Jimoh Ibrahim has challenged IMF and World Bank figures, insisting Nigeria’s GDP and per capita income are ...

Nigeria’s total public debt rose to N149.39 trillion as of March 31, 2025, marking a year-on-year increase of N27.72 trillion ...

Former federal lawmaker, Shehu Sani, has reacted to the absence of Nigeria on the list of Africa's most Indebted Nations to ...

Nigeria has been ranked the 12th poorest country in the world by gross domestic product (GDP) per capita in 2025.

“The IMF and World Bank often present data from a single angle of the balance sheet. They ignore the broader context, including Nigeria’s total GDP, which currently stands at $363bn,” he said.

The International Monetary Fund (IMF) has ranked Nigeria as the 12th poorest country in the world based on Gross Domestic ...