IMF Staff Country Reports

Nigeria: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nigeria

July 2, 2025

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International Monetary Fund. African Dept. "Nigeria: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nigeria", IMF Staff Country Reports 2025, 157 (2025), accessed July 4, 2025, https://doi.org/10.5089/9798229015127.002

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Summary

Nigeria has implemented major reforms over the last 2 years which have improved macroeconomic stability and enhanced resilience. The country successfully tapped the Eurobond market and earned a credit rating upgrade, pointing to improved confidence. Growth has been steady but too low in per-capita terms, and inflation remains high. Gains have yet to benefit all Nigerians. Food insecurity and poverty have risen. Half-way through its term, the government is now focused on raising growth, while adapting to the spillovers from the changing global environment.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Crime, Currency markets, Exchange rates, Financial markets, Fiscal policy, Foreign exchange, Inflation, Oil prices, Oil production, Prices, Production, Public debt, Revenue mobilization

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Currency markets, Exchange rates, Inflation, Oil prices, Oil production, Revenue administration, Revenue mobilization

Publication Details

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