The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
Nigeria faces a crippling fiscal squeeze despite maintaining technically sustainable levels of public debt. The International Monetary Fund warns that the federal government will spend roughly 50 percent of its tax revenues solely on interest payments between 2025 and 2028. While Abuja is not at immediate risk of systemic sovereign default, this massive debt-servicing burden…
Nigeria’s sweeping foreign exchange reforms have yet to align the local currency with economic reality. The International Monetary Fund states that the naira trades roughly 25.6 percent below its fair value. According to the Washington-based lender, its Real Effective Exchange Rate model shows that the currency remains heavily undervalued despite recent gains. This persistent gap…
