BONA NAIJA

All posts tagged "IMF"

News2 months ago

Despite clearing $3.4bn COVID-19 loan, Nigeria still owes IMF $120m

The International Monetary Fund (IMF) on Thursday confirmed that Nigeria has fully repaid the $3.4 billion COVID-19 financial support it got under the Rapid Financing Instrument...
News1 year ago

Nigeria’s foreign reserves drop to record low, fall to $24bn in 2024 – IMF

The International Monetary Fund, IMF, says Nigeria’s foreign reserves dropped to a record low of $24 billion in 2024 from $33 billion last year. The IMF’s...