Nigeria Economy Archives - Independent Digital News Network

IMF Confirms Nigeria’s Full Repayment of $3.4 Billion COVID Loan, But $30m Charges Remain

Nigeria has completed full repayment of the $3.4bn IMF COVID-era loan but faces $30m annual SDR charges

The Political Economy of Poverty in Nigeria: Why Growth Alone Isn’t Enough

“We cannot solve Nigeria’s poverty crisis without first confronting the power structures that sustain it,” writes Adefolarin A. Olamilekan in this deep-dive column.

CBN Records ₦15.23 Trillion in Operating Income, Rebounds from 2023 Losses

IDNN2 weeks ago0

CBN recovers strongly with ₦15.23 trillion operating income and ₦38.8 billion profit after tax in 2024, reversing a ₦1.15 trillion loss in 2023.

Banks’ Deposits with CBN Hit Record ₦17.83 Trillion in April 2025

IDNN2 weeks ago0

CBN reports sharp rise in bank deposits to ₦17.83 trillion in April 2025, amid record SDF interest rates and liquidity caution across the sector.

“It’s Worse Than Buhari’s Era” — Baba-Ahmed Slams Tinubu Over Economy, Insecurity

IDNN2 weeks ago2 weeks ago0

“More blood, more poverty, and no clear direction,” says Hakeem Baba-Ahmed, urging Tinubu to abandon plans for 2027 re-election.

NNPCL Sacks Managing Directors of Port Harcourt, Warri, Kaduna Refineries

IDNN3 weeks ago3 weeks ago0

NNPCL has terminated the appointments of top refinery MDs across Port Harcourt, Warri, and Kaduna, triggering reforms in the oil sector.