June 11, 2025/CSL Research Nigeria and Saudi Arabian oil company Aramco are reportedly facing difficulties finalising a record US$5 billion oil-backed loan – equivalent to around 3% of Nigeria’s GDP – which was first announced last November following a meeting between President Bola Tinubu and Saudi Crown Prince Mohammed bin […]
More News
Timor-Leste’s Opportunity to Turn its Wealth Into Economic Development
(Credit: Agung Wid/iStock by Getty Images) June 11, 2025/IMFBlog Timor-Leste has achieved significant progress since its independence in May 2002. Asia’s youngest nation has maintained stability, strengthened institutions, and enjoyed enviable economic growth and inflation for a country emerging from conflict. Notably, it has stockpiled proceeds from its offshore oil […]
BudgIT Urges States to Domesticate National Policy on Women’s Economic Empowerment
June 11, 2025/BudgIT BudgIT, a civic tech organisation raising the standards of transparency, accountability, and service delivery in the Nigerian government and governance, has urged subnational governments to adopt and implement the National Women’s Economic Empowerment (WEE) Policy and Action Plan. This policy is designed to boost economic progress for […]
