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Published on 07:59 GMT

Despite repaying IMF’s $3.4bn COVID-19 loan, Nigeria still battles N144.67trn debt

From Adanna Nnamani, Abuja Although Nigeria has cleared its $3.4 billion COVID-19 loan to the International Monetary Fund (IMF), the country remains burdened with a massive N74.38 trillion in domestic debt and $44.9 billion in external debt (about N144.67 …

Source: The Sun Nigeria - Indeterminate
Published on 09:56 GMT

Nigeria Bets on N300 Billion Sukuk Bond to Drive Infrastructure Growth and Expand Fiscal Opportunities

Nigeria has taken a bold step in tackling its long-standing infrastructure challenges with the launch of a new N300 billion Sovereign Sukuk bond. The bond is aimed squarely at narrowing the country’s estimated N18 trillion road infrastructure gap. This …

Source: The News Chronicle - Neutral
Published on 05:22 GMT

Nigeria: One-party state anxieties and geopolitics

Nigeria’s dalliance with multiparty democracy predates the country’s Independence on October 1, 1960. The aftermath of the enforced, and therefore undemocratic amalgamation of diverse ethnic nationalities of the Northern and Southern Protectorates by …

Source: The Guardian (Nigeria) - Indeterminate
Published on 09:44 GMT

Africa’s economic sovereignty begins with data sovereignty

BY DOVISH OKOJIE Imagine waking up every morning to hear someone else tell your life story, but they only focus on your mistakes, ignore your achievements, and never ask for your input. That’s exactly how it feels for many African countries when it comes …

Source: The Cable - Neutral
Published on May 13, 2025

Is ‘Nigeria First’ initiative the latest political rhetoric?, by Ola Emmanuel

As world trade goes through a disruptive and uncertain period (no thanks to the rampaging bull in a china shop), it is clear that every state in the continent of Africa needs a rethink and reappraisal of its economic policies. Ranking high in this …

Source: Eagle Online - Neutral
Published on May 13, 2025

News24 | Nigeria sees highest growth in 10 years - World Bank report

A woman sells meat as workers celebrate the 2025 Workers' Day, themed 'Reclaiming The Civic Space in the Midst of Economic Hardship' at Mobolaji Johnson Arena in Onikan, Lagos, Nigeria. (Adekunle Ajayi/NurPhoto via AFP) Adekunle Ajayi/ …

Source: News24 - Neutral
Published on May 13, 2025

Public Debt – Nigeria’s Biggest Creditors after repaying IMF Loans

Nigeria recently announced the full repayment of the $3.4 billion emergency loan obtained in 2020 from the International Monetary Fund (IMF), with the final installment paid ahead of schedule on April 30, 2025. The loan, taken under the Rapid Financing …

Source: Nairametrics - Neutral
Published on May 13, 2025

Nigeria has fully repaid $3.4bn IMF loan – Minister

The Minister of Information and National Orientation, Mohammed Idris, has confirmed that Nigeria has fully repaid the $3.4 billion COVID loan obtained from the International Monetary Fund (IMF). The minister said this in an interview with State House …

Source: Premium Times - Neutral
Published on May 13, 2025

Nigeria sees highest growth in 10 years — World Bank report

Nigeria's gross domestic product (GDP) grew by 3.4% in 2024, the World Bank said in a new report published Monday. That's the highest rate of growth since 2014, excluding the 2021-2022 COVID-19 rebound, the bank said. The acceleration in Nigeria…

Source: Deutsche Welle - Public Broadcaster
Published on May 13, 2025

World Bank admits Nigeria’s economic progress, says prices remain high

• Independent analysis: At current rate, country needs 11 years to achieve $1tr economy target • Govt defends budget estimates, orthodox monetary policy • Increase transparency, cut cost of governance, govt urged • Fiscal improvement more pronounced at …

Source: The Guardian (Nigeria) - Indeterminate
Published on May 13, 2025

Infrastructure alone is not enough to build robust payment system in Ghana, Africa – Governor

Dr. Asiama The Bank of Ghana has indicated that infrastructure alone is not enough to build a robust and efficient payment system in Ghana and the rest of the Africa continent. According to the Governor, Dr. Johnson Asiama, policy coherence and regulatory …

Source: Joy FM - Pending
Published on May 13, 2025

President Mahama calls for unity to tackle Africa’s debt crisis

President John Mahama has called for a united Africa to enable the continent to address its escalating debt crisis, adding that unsustainable borrowing risks undermining development gains and sovereignty. Delivering a keynote speech at the African Union ( …

Source: Graphic - Neutral
Published on May 12, 2025

Nigeria’s IMF debt exit signals stronger credit profile –Experts

By Chinwendu Obienyi Nigeria’s full exit from its International Monetary Fund (IMF) debt commitments is being hailed by economic experts as a positive signal of renewed fiscal strength and a step toward a stronger sovereign credit profile. They said it …

Source: The Sun Nigeria - Indeterminate
Published on May 13, 2025

African Leaders Urged to Adopt New Public Debt Management System

Addis Ababa, May 12, 2025 (POA) --- Over 500 delegates, including Heads of State, Ministers of Finance, Central Bank Governors, development partners, and civil society organizations gathered in Lomé for the inaugural African Union Debt Conference, being …

Source: Ethiopian News Agency - Gov't Propaganda
Published on 06:25 GMT

DMO unveils N300b Sukuk bond to narrow N18tr road infrastructure gap

The Debt Management Office (DMO) has launched a new N300 billion Sovereign Sukuk bond with a promise to sustain its effort to provide funding for road infrastructure in the country. The agency, while launching the new Sukuk on Monday, said it was …

Source: The Guardian (Nigeria) - Indeterminate
Published on May 12, 2025

Donald Trump's AfDB plan leaves Kenya, other African countries in funding headac...

President Donald Trump's administration has proposed a $555 million cut in U.S. contributions to the African Development Bank (AfDB) The African Development Fund finances critical projects in health, agriculture, infrastructure, and climate resilience …

Source: TUKO - Neutral
Published on May 12, 2025

Captain Ibrahim Traore: The vanguard of a new Pan-African renaissance

"'Africa needs a new type of citizen. A dedicated, modest, honest and informed man. A man who submerges himself in service to the nation and mankind. A man who abhors greed and detests vanity. A new type of man whose humility is his strength and …

Source: Joy FM - Pending
Published on May 12, 2025

Debts should serve the people — President Mahama to African leaders

President John Dramani Mahama has urged African leaders to ensure that borrowed funds are invested in life-changing initiatives that benefit their citizens. He said this can be done through transparency, accountability, and the adoption of open budget …

Source: Modern Ghana - Neutral
Published on May 12, 2025

African Union Conference on Debt: Mahama shares lessons on Ghana’s journey in debt restructuring

By Iddi Yire Accra, May 12, GNA – President John Dramani Mahama has given his fellow African leaders a reflection and lessons on Ghana’s journey in debt restructuring at the ongoing African Union Conference on Debt in Lome, Togo. The three-day Lome Meeting …

Source: Ghana News Agency - Pro-Government

05 days 15:48:42

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Published on May 13, 2025 - 17:46 GMT

IMF Approves Major Funds for Bangladesh Amid Reform Progress

(MENAFN) The International Monetary Fund (IMF) has approved the disbursement of the next two installments, totaling $1.3 billion, of its $4.7 billion loan to Bangladesh. The funds are set to be released in June. This move comes after a series of …

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Published on May 6, 2025 - 19:35 GMT

ECCB Governor Identifies Priority Areas for Increased Collaboration With the IMF Amid Global Uncertainty

ECCB Governor Identifies Priority Areas for Increased Collaboration With the IMF Amid Global Uncertainty BASSETERRE, SAINT KITTS AND NEVIS, May 6, 2025 /⁨EINPresswire.com⁩/ -- Governor of the Eastern Caribbean Central Bank (ECCB), Timothy N.J. …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on May 12, 2025 - 09:53 GMT

Ukraine debt discussions unsuccessful

(MENAFN) Ukraine's government announced on Thursday that it has been unable to reach an agreement to restructure approximately $2.6 billion in debt, raising the risk of a default if it cannot make a scheduled payment by the end of May. A group of GDP …

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Published on May 9, 2025 - 12:58 GMT

Minister Mmamoloko Kubayi: 15th Commonwealth Regional Conference of Heads of Anti-Corruption Authorities

Programme Director, Secretary-General of the Commonwealth, the Hon Shirley Botchwey, Minister of Justice and Constitutional Development, Ms Mmamoloko Kubayi, Ministers and Deputy Ministers, Members of the Judiciary, Heads of Commonwealth Africa Anti- …

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Published on April 24, 2025 - 09:34 GMT

US Treasury Demands IMF, World Bank to Recommit to Original Mandates

(MENAFN) During a speech at the Institute of International Finance's Global Outlook Forum in Washington, D.C., US Treasury Secretary Scott Bessent encouraged both the International Monetary Fund (IMF) and the World Bank to redirect their attention …

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Published on April 23, 2025 - 09:03 GMT

US lawmakers want to block IMF assistance to Central Africa

(MENAFN) US lawmakers have introduced a bill to prevent International Monetary Fund (IMF) support for certain Central African countries in response to a controversial regulation imposed by local fiscal authorities on foreign oil companies. The regulation, …

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Published on April 23, 2025 - 07:55 GMT

Chief IMF Economist Says Global Economy is Entering New Era

(MENAFN) The international economy is entering a transformative phase, marked by historically high tariff rates, a level not witnessed in nearly 100 years, according to the chief economist of the International Monetary Fund (IMF), Pierre-Olivier Gourinchas …

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Published on April 23, 2025 - 07:54 GMT

IMF declares world economic order experiencing huge ‘reset’

(MENAFN) The International Monetary Fund (IMF) has revised its global economic forecast downward, warning that the world economy is entering a period of major structural change driven by escalating trade tensions and policy shifts from the United States. …

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Published on May 14, 2025 - 12:00 GMT

LuggageToShip.com Expands AI TravelTech Platform with PayToMe.co to Redefine Global Shipping and Payments

Backed by Hatcher+ and Startupbootcamp, PayToMe.co powers LuggageToShip.com’s growth with patented mobile payments, embedded finance, and compliance tools. NEW YORK, NY, UNITED STATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- As college moves, family …

Distribution channels: Amusement, Gaming & Casino, Automotive Industry ...
Published on May 14, 2025 - 09:44 GMT

Education Above All Foundation Condemns Recent Bombing Of Myanmar School As Grave Violation of International Law

Education Above All Foundation Condemns Recent Bombing Of Myanmar School As Grave Violation of International Law DOHA, QATAR, May 14, 2025 /⁨EINPresswire.com⁩/ -- The Education Above All (EAA) Foundation, a global foundation for education and …

Distribution channels: Education, International Organizations ...
Published on May 14, 2025 - 09:33 GMT

Why Hostinger's IP Leasing Strategy is Setting New Standards in the Hosting Industry

Discover how Hostinger reduced IP infrastructure costs by 70-80% through strategic leasing with an IP address management platform. LONDON, UNITED KINGDOM, May 14, 2025 /⁨EINPresswire.com⁩/ -- Hostinger, a Financial Times FT 1000 company for six …

Distribution channels: Business & Economy, IT Industry ...
Published on May 14, 2025 - 08:00 GMT

Wireless Broadband Alliance Services Launches Commercial AFC Service, Enabling Standard Power Wi-Fi in 6 GHz Band ...

FCC-certified cloud-based platform drives spectrum innovation for infrastructure providers, network operators and enterprises in high-performance use cases, while protecting incumbent spectrum operations across the U.S. LONDON, UNITED KINGDOM, May 14, …

Distribution channels: Business & Economy, IT Industry ...
Published on May 14, 2025 - 07:40 GMT

Speak Up Africa galvanizes private sector engagement to accelerate malaria-elimination efforts in Africa

The Change the Story campaign and report amplifies the voices of women and girls and mobilizes the African private sector to accelerate malaria elimination. ABIDJAN, IVORY COAST, May 14, 2025 /⁨EINPresswire.com⁩/ -- On the sidelines of the Africa …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on May 14, 2025 - 07:22 GMT

ANY.RUN Exposes Tycoon 2FA’s Evolving Evasion Tactics to Beat Defenses in Corporate Phishing Attacks

DUBAI, DUBAI, UNITED ARAB EMIRATES, May 14, 2025 /⁨EINPresswire.com⁩/ -- ANY.RUN, a leading provider of interactive malware analysis and threat intelligence solutions, has released a detailed report on the evolution of Tycoon2FA, a phishing-as-a- …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on May 14, 2025 - 06:34 GMT

MetaComp Launches StableX to Redefine Cross-Border FX Payments Powered by Stablecoins

Now on CAMP, StableX powers 24/7 FX for major and exotic currencies—next-gen infrastructure built for the Web2.5 payment era and global payment flows. SINGAPORE, SINGAPORE, SINGAPORE, May 14, 2025 /⁨EINPresswire.com⁩/ -- MetaComp, a Major …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 14, 2025 - 06:24 GMT

MotusAcademy and European Rehabilitation Robotics School Sign Landmark MOU to Advance Global Rehabilitation Education

The partnership launches monthly webinars, hands-on workshops, and open-access resources (2025–2030) to democratise rehabilitation robotics education worldwide. ROME, ITALY, May 13, 2025 /⁨EINPresswire.com⁩/ -- MotusAcademy and the European …

Distribution channels: Education, Healthcare & Pharmaceuticals Industry ...
Published on May 14, 2025 - 04:30 GMT

IntouchCX Global COO Dishant Bhojwani Honored with Grand Stevie® for Innovative Customer Service & Thought Leadership

IntouchCX celebrates 12 Stevie® wins as Chief Operating Officer Dishant Bhojwani earns top individual honors CAIRO, EGYPT, May 14, 2025 /⁨EINPresswire.com⁩/ -- IntouchCX proved once again that great leadership fuels great brands, collecting 12 …

Distribution channels: Business & Economy, IT Industry ...
Published on May 14, 2025 - 04:30 GMT

IntouchCX Global COO Dishant Bhojwani Honored with Grand Stevie® for Innovative Customer Service & Thought Leadership

IntouchCX’s leadership and innovation shine with 12 Stevie® Awards, including Grand Stevie® recognition for COO Dishant Bhojwani. MANILA, PHILIPPINES, May 14, 2025 /⁨EINPresswire.com⁩/ -- IntouchCX proved once again that great leadership fuels …

Distribution channels: Business & Economy, IT Industry ...
Published on May 13, 2025 - 21:26 GMT

Breaking the Cycle: New Book America’s Greatest Curse Challenges Men to Reverse Generational Trauma

Author Reginald Poydras Shares a Powerful Call to Fathers: Become a Curse Breaker, Not a Curse Perpetuator SAN FRANCISCO, CA, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- In his compelling new book, America’s Greatest Curse: The Absentee …

Distribution channels: Aviation & Aerospace Industry, Education ...
Published on May 13, 2025 - 21:08 GMT

DRC Ventures Partners with ELYSIAN to Celebrate 10 Years of Women Inspiring Women at Star-Studded Celebration

SPARTANBURG, SC, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- DRC Ventures, in collaboration with ELYSIAN, co-hosted a powerful celebration this past weekend to honor ELYSIAN’s 10th anniversary. Held at the private estate of ELYSIAN Founder, …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 13, 2025 - 19:29 GMT

AMMWEC President Anila Ali Named As Recipient of IRF Builders Award

WASHINGTON, DC, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- The American Muslim and Multifaith Women’s Empowerment Council (AMMWEC) is proud to announce that our Founder and President, Ms. Anila Ali, has been named as a recipient of this …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on May 13, 2025 - 19:22 GMT

United for Impact: UCP Leaders Gather to Strengthen Services and Celebrate Progress

Advocacy and innovation took center stage as United Cerebral Palsy leaders convened to strengthen programs and opportunities for people with disabilities. VIENNA, VA, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- United Cerebral Palsy (UCP), …

Distribution channels: Conferences & Trade Fairs, Culture, Society & Lifestyle ...
Published on May 13, 2025 - 19:12 GMT

Raad Ghantous & Associates Rides with Purpose as Sponsor of the Distinguished Gentleman’s Ride – Orange County 2025

Creative entrepreneur Raad Ghantous joins global ride for men’s health as he prepares to debut a lifestyle platform focused on Gen X reinvention HUNTINGTON BEACH, CA, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- Raad Ghantous & …

Distribution channels: Building & Construction Industry, Culture, Society & Lifestyle ...
Published on May 13, 2025 - 19:09 GMT

Catalyst Advisors LP Promotes Andrew MacBride Brown to Principal

NEW YORK, NY, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- Catalyst Advisors, the leading global boutique executive-recruitment firm specializing in the life-sciences sector, is pleased to announce the promotion of Andrew (AJ) MacBride Brown …

Distribution channels: Business & Economy, Companies ...
Published on May 13, 2025 - 19:09 GMT

Unlocking Excellence: How Certification Programs & Business Consultancy Drive Real Business Improvement and ISO Success

SYDNEY, AUSTRALIA, May 13, 2025 /⁨EINPresswire.com⁩/ -- In today’s competitive market, organizations are constantly seeking ways to stand out, improve performance, and maintain compliance. Certification programs and business consultancy offer …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 13, 2025 - 18:36 GMT

Students from 10 Countries Complete United Planet’s Virtual Exchange Program under the Unite All Schools Initiative

Global Connections, Local Impact: United Planet wraps global exchange with students from 10 countries leading civic projects on literacy, climate & equity. BOSTON, MA, UNITED STATES, May 13, 2025 /⁨EINPresswire.com⁩/ -- Students from 17 …

Distribution channels: Business & Economy, Education ...
Published on May 13, 2025 - 17:42 GMT

Ischemia Reperfusion Injury Global Market Report 2025: In-Depth Analysis And Forecast

The Business Research Company’s Ischemia Reperfusion Injury Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, May 14, 2025 /⁨EINPresswire.com⁩/ -- The Ischemia Reperfusion Injury market …

Distribution channels: Business & Economy, Companies ...
Published on May 13, 2025 - 17:42 GMT

Jacking Oil Pump Market Report 2025: Size, Trends, And Growth Insights For Global Expansion

The Business Research Company's Jacking Oil Pump Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, May 14, 2025 /⁨EINPresswire.com⁩/ -- The global jacking oil pump market is …

Distribution channels: Business & Economy, International Organizations ...