News

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 ...
Nigeria has repaid $3.4 billion in emergency funding it received from the International Monetary Fund (IMF) to help the ...
Nigeria has been removed from the IMF debtor list after repaying the $3.4 billion loan. However, there are still payments to ...
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 ...
Nigeria has successfully repaid $3.4 billion in emergency funding received from the International Monetary Fund (IMF) during ...
The International Monetary Fund (IMF) says Nigeria will pay a yearly $30 billion as special drawing rights (SDR) charges for ...
IMF confirms Nigeria has repaid the $3.4bn COVID loan from 2020, but must continue paying $30m annually in SDR charges.
Nigeria has finished repaying its $3.4bn loan from the IMF, but interest charges will continue for several years.
IMF said the loan has been repaid as of April 30, 2025 in a statement issued in Abuja, Nigeria's capital on Thursday.