"We can report that Nigeria has, indeed, exited from that debt, meaning we have paid it in full," the minister said.The Minister of Information and National Orientation, Mohammed Idris, has confirmed ...

The Federal Government has confirmed full payment of the sum of $3.4 billion loan received from the International Monetary ...

The International Monetary Fund (IMF) has confirmed that Nigeria has fully repaid the $3.4 billion financial support it ...

Nigeria recently announced the full repayment of the $3.4 billion emergency loan obtained in 2020 from the International Monetary Fund ...

Although the principal has been fully settled, Nigeria will continue to make annual interest payments of around $30 million ...

The International Monetary Fund (IMF) announced that Nigeria has completely settled the $3.4 billion in COVID-19 financial ...

The growth of Artificial Intelligence (AI) will triple the demand for electricity in Nigeria, US and other countries in next ...

Nevertheless, poverty remains high and inflation is expected to remain over 20% through the year. The report comes amid a raft of reforms by President Bola Tinubu's government.

Mohammed Idris, minister of information and national orientation, says the full repayment of Nigeria’s $3.4 billion COVID-19 ...

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

Nigeria has finished repaying its $3.4bn loan from the IMF, but interest charges will continue for several years.

Nigeria has been removed from the IMF debtor list after repaying the $3.4 billion loan. However, there are still payments to ...