Nigeria Clears $3.4 Billion IMF Loan, Exits Debtor List

In a major financial milestone, the Nigerian government has officially paid off the $3.4 billion loan it received from the International Monetary Fund (IMF) during the height of the COVID-19 pandemic. This development was confirmed by the Minister of Information and National Orientation, Mohammed Idris, during a press briefing following Monday’s Federal Executive Council meeting…