News

IMF says Nigeria repays $3.4 billion COVID-19 funding
Nigeria has repaid $3.4 billion in emergency funding it received from the International Monetary Fund (IMF) to help the ...
Africanews on MSN23h
Nigeria completes $3.4 Billion IMF COVID-19 loan repayment, faces ongoing annual charges
This successful repayment reflects Nigeria's commitment to meeting its international financial obligations and may enhance ...
The Punch on MSN1d
IMF confirms Nigeria’s full repayment of $3.4bn loan
The International Monetary Fund has confirmed that Nigeria has fully repaid the $3.4bn financial support it received under the Rapid Financing Instrument to cushion the economic impacts of the ...
Nigerian Tribune on MSN1d
Debt settlement: Nigeria repays $3.4bln COVID-19 relief loan to IMF
According to a statement by the IMF Resident Representative in Nigeria, Dr. Christian Ebeke, the country completed the ...
Devdiscourse1d
Nigeria Completes $3.4 Billion IMF Repayment: A Landmark Achievement Amid Economic Strain
Nigeria has successfully repaid $3.4 billion in emergency funding received from the International Monetary Fund (IMF) during ...
The Punch on MSN2d
Nigeria completes $3.4bn IMF loan principal repayment
Nigeria has finished repaying its $3.4bn loan from the IMF, but interest charges will continue for several years.
Daily Post Nigeria on MSN1d
Nigeria clears $3.4bn IMF COVID-19 loan
The Federal Government of Nigeria has cleared the $3.4bn International Monetary Fund, IMF, COVID-19 loan. The IMF removed ...
TheCable1d
IMF: Nigeria has cleared $3.4bn COVID-19 loan — but $30m charges to be paid yearly
The International Monetary Fund (IMF) says Nigeria will pay a yearly $30 billion as special drawing rights (SDR) charges for ...
Arise News1d
IMF Confirms Nigeria’s Full Repayment of $3.4bn COVID-19 Loan
IMF confirms Nigeria has repaid the $3.4bn COVID loan from 2020, but must continue paying $30m annually in SDR charges.