Nigeria has repaid $3.4 billion in emergency funding it received from the International Monetary Fund (IMF) to help the ...

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

The International Monetary Fund has confirmed that Nigeria has fully repaid the $3.4bn financial support it received under ...

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

Nigeria has joined Switzerland, Singapore, China and New Zealand on the list of the countries not indebted to the IMF. The ...

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

The International Monetary Fund (IMF) has removed Nigeria from its credit outstanding list for the period covering May 1 to ...

This successful repayment reflects Nigeria's commitment to meeting its international financial obligations and may enhance ...

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.

According to a statement by the IMF Resident Representative in Nigeria, Dr. Christian Ebeke, the country completed the ...