Nigeria Receives IMF's $3.4bn Emergency Loan     Nigeria has reportedly received the $3.4bn emergency financial assistance from the International Monetary Fund. The Federal Government said it will use the funds, which was approved under the Rapid Financing Instrument by the Executive Board of the IMF on April...

$3.4bn Support: IMF To Conduct Due Diligence On CBN   Indications have emerged that the International Monetary Fund is to conduct a due diligence exercise on the Central Bank of Nigeria as part of a fresh ‘safeguards assessment’. The new safeguards assessment is a fallout of the...

COVID-19: IMF Okays $3.4bn Emergency Loan For Nigeria   The Executive Board of the International Monetary Fund on Tuesday approved $3.4bn in emergency financial assistance to the Federal Government in addressing the severe economic impact of the COVID-19 pandemic. The financial assistance, approved under the Rapid Financing...

IMF May Approve Nigeria’s $3.4bn Loan Today   There are indications that the Executive Board of the International Monetary Fund may approve the $3.4bn loan sought by Nigeria on Tuesday (today). Although the Minister of Finance, Budget and National Planning, Zainab Ahmed, had on April 6, while...

IMF Board To Meet On Nigeria’s $3.4bn Loan Request   The International Monetary Fund on Tuesday said its executive board would soon meet over a fresh $3.4bn loan request from Nigeria. The Federal Government had applied to the IMF for a rapid credit loan as part of...