Nigeria Completes $3.4 Billion IMF COVID Loan Repayment, Marking a Major Post-Pandemic Milestone
Nigeria has completed the repayment of a $3.4 billion emergency loan from the International Monetary Fund (IMF), which was provided in April 2020 to mitigate the economic impact of the COVID-19 pandemic and the subsequent decline in oil prices . The loan was disbursed under the IMF’s Rapid Financing Instrument, aimed at addressing urgent balance […]
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