"We can report that Nigeria has, indeed, exited from that debt, meaning we have paid it in full," the minister said.

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.

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

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

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

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

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

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

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 is on track to fully repay its International Monetary Fund Rapid Financing Instrument loan by 2029, according to ...

Mohammed Idris, the Minister of Information and National Orientation, has confirmed that Nigeria has fully repaid the 3.4 billion ...