EconomyNigeriaIMF Boss Gives Conditions for the $3.4 Billion Loan to Nigeria
The $3.4 billion loan to Nigeria which was approved about a week ago has been disbursed to the Central Bank of Nigeria at 1 percent interest rate, Kristalina Georgieva, Managing Director of International Monetary Fund said. The fund is a Rapid Financing Instrument (RFI) aimed at helping Nigeria alleviate the ravaging impact of COVID-19 and resolve the balance of payment issues. “In emergency assistance, once the board approves, we disburse within days to the country...










