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Nigeria has repaid $3.4 billion in emergency funding it received from the International Monetary Fund (IMF) to help the ...
IMF confirms Nigeria has repaid the $3.4bn COVID loan from 2020, but must continue paying $30m annually in SDR charges.
This successful repayment reflects Nigeria's commitment to meeting its international financial obligations and may enhance ...
The International Monetary Fund (IMF) says Nigeria will pay a yearly $30 billion as special drawing rights (SDR) charges for ...
Nigeria has joined Switzerland, Singapore, China and New Zealand on the list of the countries not indebted to the IMF. The ...
An IMF spokesperson told PREMIUM TIMES Thursday afternoon that the nation is however expected to honor additional payments in the form of Special Drawing Rights charges of about US$30 million annually ...
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 ...
IMF said the loan has been repaid as of April 30, 2025 in a statement issued in Abuja, Nigeria's capital on Thursday.
According to a statement by the IMF Resident Representative in Nigeria, Dr. Christian Ebeke, the country completed the ...
The International Monetary Fund (IMF) has responded to mixed reactions from citizens following the announcement that Nigeria ...