We can report that Nigeria has, indeed, exited from that debt, meaning we have paid it in full,” the minister said.

The International Monetary Fund (IMF) has clarified that while Nigeria has made significant progress in settling its ...

The growth of Artificial Intelligence (AI) will triple the demand for electricity in Nigeria, US and other countries in next ...

Mohammed Idris, minister of information and national orientation, says the full repayment of Nigeria’s $3.4 billion COVID-19 ...

Although the principal has been fully settled, Nigeria will continue to make annual interest payments of around $30 million ...

Nigeria recently announced the full repayment of the $3.4 billion emergency loan obtained in 2020 from the International Monetary Fund ...

The International Monetary Fund (IMF) has confirmed that Nigeria has fully repaid the $3.4 billion financial support it ...

IMF confirms Nigeria has repaid the $3.4bn COVID loan from 2020, but must continue paying $30m annually in SDR charges.

The Federal Government has confirmed full payment of $3.4 billion loan received from the International Monetary Fund, IMF, ...

LAGOS, May 8 (Reuters) - Nigeria has repaid $3.4 billion in emergency funding it received from the International Monetary ...

The International Monetary Fund (IMF) says Nigeria will pay a yearly $30 billion as special drawing rights (SDR) charges for ...

Nevertheless, poverty remains high and inflation is expected to remain over 20% through the year. The report comes amid a ...