The 2025 budget prioritizes security, infrastructure, and measures to alleviate the cost-of-living crisis.
Tinubu budget targets Nigerian security, infrastructure, inflation Read More »
The IMF’s review of Egypt’s loan program will examine the country’s economic performance, fiscal sustainability, and efforts to reduce reliance on fossil fuels.
Egypt seeks IMF support amidst global economic challenges Read More »
The move aims to attract a $10.5 billion bailout package from international lenders to address the country’s economic crisis, including high debt, inflation, and foreign currency shortages.
Ethiopia eases foreign exchange curbs to attract bailout Read More »
Nigeria receives a $2.25 billion loan from the World Bank to support economic reforms despite causing initial hardship and a rising debt burden.
World Bank approves $2.25 billion loan for Nigeria’s ailing economy Read More »
Facing economic challenges, Egypt secures a crucial $820 million loan from the IMF.
Boost for Egypt: IMF greenlights loan, urges deeper reforms Read More »
Nigerian union leaders suspended a nationwide strike for seven days to facilitate further negotiations on wage increases and other demands.
Wage talks prompt suspension of Nigerian nationwide strike Read More »
Despite approving a loan increase, the IMF expresses concerns about Egypt’s central bank lending and calls for stricter public spending controls.
Egypt gets IMF loan boost, commits to reforms Read More »
Nigeria’s economic reforms continue with a planned reduction in electricity subsidies.
Nigeria to cut electricity subsidy for wealthier consumers Read More »
Nigeria’s central bank hikes interest rates to a record 24.75% to battle soaring inflation above 30%.
Nigeria’s central bank aggressively hikes rates to combat inflation Read More »
Nigeria’s leaders engage in crucial discussions with World Bank executives, addressing economic challenges and seeking vital support.
Nigeria eyes World Bank support for economic turnaround Read More »
