Nigeria found itself on a tightrope at the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank, where its reform efforts earned recognition while underlying vulnerabilities raised serious concern. According to the IMF’s ‘World Economic Outlook and Fiscal Monitor’, Nigeria’s growth forecast for 2025 was upgraded to 3.9 percent, up from 3.4 percent in July, due to stronger domestic fundamentals, improved oil production, and rising investor sentiment. Despite the positive outlook, the IMF flagged persistent risks for Nigeria’s economy. It warned that rising debt-servicing costs and…
Read MoreIMF cautions Nigeria on rising debt, oil dependence
