David Malpass, former World Bank President, has warned that Nigeria’s increasing reliance on collateral-backed and complex borrowing arrangements could make any future debt restructuring more difficult...
The next currency crisis could accelerate the shift of the roughly $315 billion global stablecoin market into a digital-dollar alternative for citizens in emerging economies, notably...
International Monetary Fund (IMF) has retained Nigeria’s economic growth forecast at 4.1 per cent for 2026, while warning that rising prices of essential goods could worsen...
Taiwo Oyedele, minister of Finance and Coordinating minister of the Economy, has said there are no secret expenditures or shadow budgets as insinuated. This followed comments by the...
International Monetary Fund (IMF) has projected that tokenization and blockchain technology will fundamentally transform global financial market infrastructure (FMI), but insisted that regulated financial institutions will...
International Monetary Fund (IMF) has raised concerns over Nigeria’s fiscal transparency, disclosing that about two per cent of the country’s Gross Domestic Product (GDP), estimated at...
Nigeria has accessed the first tranche of its $5 billion derivatives financing arrangement with First Abu Dhabi Bank (FAB), drawing about $1.5 billion under the deal...
The International Monetary Fund (IMF) has warned that the rapid expansion of stablecoin usage in Nigeria could significantly weaken demand for the naira and reduce the...
Nigerian banks are increasingly embracing artificial intelligence (AI) to improve customer service, strengthen fraud detection, and streamline operations. However, the same technology driving innovation could also...
The International Monetary Fund (IMF) has recommended introducing taxes on fuel products and telecommunications services in Nigeria. According to the IMF, this is part of broader...
