Nigeria: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nigeria
IMF Staff Country Reports, July 2, 2025
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- Nigeria: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nigeria
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Bibliographic details
- Published: July 2, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229015127.002
Macroeconomic overview and recent reforms
- 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.
- 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.
Policy themes and institutional issues
- Subject areas highlighted: Anti-money laundering and combating the financing of terrorism (AML/CFT), Crime, Energy subsidies, Expenditure, Oil prices, Prices, Public debt.
- Keywords cited: 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.
Content in this bundle
- 1. Reform Journey Since 2023