IMF LOAN MAY STRENGTHEN NIGERIA’S EXCHANGE BY YEAR’S END
Nigeria is set to receive an IMF facility of $3.85 billion an amount which is part of a general allocation of Special Drawing Rights (SDRs) of the international multilateral Institution. In 2020, Nigeria was a beneficiary of an IMFs Rapid Financing Instruments (RFI). The loan was approved by the International Monetary Funds (IMF) Board of …
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