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s loan was granted in April 2020

Nigeria clears IMF debt ahead of schedule, exits debtor list

May 15, 2025 by maleeha zahid

Nigeria has officially paid off its $3.4 billion loan to the International Monetary Fund (IMF), becoming debt-free to the global financial institution. The repayment marks a major economic milestone, as the country clears a loan it took to manage the impact of the COVID-19 pandemic. This loan was granted in April 2020 under the IMF’s […]

Filed Under: World Tagged With: assist countries during urgent financial needs, debt-free to the global financial institution, IMF’s Rapid Financing Instrument, impact of the COVID-19 pandemic, International Monetary Fund (IMF), Latest, Nigeria has officially paid off its $3.4 billion loan, s loan was granted in April 2020

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