IMF Nigeria 2025 Archives | ireport247news

4 mins read

Business

IMF Endorses Economic Reforms, Urges Comprehensive Budget Overhaul

July 4, 2025 Damilola0Tagged CBN reforms, diaspora remittances, FX market Nigeria, IMF Nigeria 2025, Monetary Policy, Naira stability, Nigeria budget overhaul, Nigeria external reserves, Nigerian economic reforms, Olayemi Cardoso

The International Monetary Fund (IMF) has commended Nigeria’s recent wave of bold economic reforms—particularly those spearheaded by the Central Bank of Nigeria (CBN)—but has warned that a comprehensive overhaul of the 2025 budget is necessary to guard against growing fiscal vulnerabilities amid falling oil prices and persistent revenue challenges. In its just-released Article IV Consultation […]

3 mins read

Business

Nigeria Clears $3.4bn IMF Debt

May 9, 2025May 9, 2025 Damilola0Tagged $3.4bn IMF loan, COVID-19 financial support, IMF Nigeria 2025, IMF Rapid Financing Instrument, Nigeria debt servicing, Nigeria external debt 2025, Nigeria IMF loan repayment, Nigerian Economy, SDR charges Nigeria

In a significant development that reflects Nigeria’s efforts toward fiscal responsibility and economic recovery, the International Monetary Fund (IMF) has officially confirmed that Nigeria has fully repaid the $3.4 billion loan it received in 2020 to cushion the impact of the COVID-19 pandemic. The IMF loan, disbursed under the Rapid Financing Instrument (RFI), was aimed […]