Despite clearing $3.4bn COVID-19 loan, Nigeria still owes IMF N190bn

Dailytrust | 09-05-2025 06:28pm |

The International Monetary Fund (IMF) yesterday confirmed that Nigeria has fully repaid the $3.4 billion COVID-19 financial support it got under the Rapid Financing Instrument (RFI). But despite the confirmation, the government is still indebted to the multilateral organisation to the tune of about $30m, which is the Special Drawing Rights (SDR) charges, Daily Trust [...]

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