News

Africanews on MSN21h
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 ...
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 ...
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.
Nigerian Tribune on MSN23h
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.
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 ...
TheCable2d
Nigeria clears $3.4bn IMF COVID-19 loan
The International Monetary Fund (IMF) has removed Nigeria from its credit outstanding list for the period covering May 1 to ...
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 ...