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IMF Approves $3.4bn COVID-19 Loan for Nigeria

(AFRICAN EXAMINER) – The Executive Board of International Monetary Fund (IMF) has approved US$3.4 billion in emergency financial assistance to support Nigeria in addressing economic impact of COVID-19 shock and the sharp fall in oil prices. In a statement issued on Tuesday, the Fund said that the support, under the Rapid Financing Instrument, would help […]

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