OPINION/EDITORIAL

Growth of Nonbanks is Revealing New Financial Stability Risks

(Credit: Michel Rubinel/iStock by Getty Images)  October 14, 2025/IMFBlog By Tobias Adrian Stretched asset valuations and pressures in core sovereign bond markets are keeping financial stability risks elevated amid heightened economic uncertainty. These vulnerabilities could be amplified by the growth of nonbank financial institutions—through their growing importance as market makers, liquidity […]

Public Debt Rises to ₦152.4 Trillion in H1 2025

October 13, 2025/CSL Report According to data released by the Debt Management Office (DMO) last week, Nigeria’s total public debt stock rose by 13.5% year-on-year (y/y) to ₦152.4 trillion as of the end of H1 2025. On a quarterly basis, however, the increase was more modest at about 2.0%. A […]

Capital Flight and the Politics of Betrayal: When Leaders Stop Believing in Their Own Economy

October 12, 2025 By Blaise Udunze Nigeria’s economy is bleeding, not from the absence of money, but from the silent, systemic outflow of capital that should be building industries, creating jobs, and stimulating innovation. Instead, wealth is fleeing into the vaults of local banks, offshore accounts, and speculative government instruments […]