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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Format: Chicago

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 November 9, 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, Energy subsidies, Expenditure, Oil prices, Prices, Public debt

Keywords: Africa, Anti-money laundering and combating the financing of terrorism (AML/CFT), CBN's credibility, Energy subsidies, Exchange rate volatility, Global, Monitoring of the Central Bank of Nigeria, Oil prices, Safeguards policy, Safeguards recommendation

Publication Details

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