
FG completes $3.4bn IMF loan repayment for COVID-19 recovery
ABUJA (CONVERSEER) – The Federal Government of Nigeria has completed the repayment of the $3.4 billion emergency funding it received from the International Monetary Fund (IMF) in April 2020 to cushion the economic impact of the COVID-19 pandemic. The loan, granted under the IMF’s Rapid Financing Instrument, was intended to help the country, Africa’s largest…