World Bank’s, IMF’s loans to Nigeria in 2020 hit $11.465b

The World Bank and the International Monetary Fund (IMF) loan cumulatively extended about $11.465 billion credit to Nigeria this year. The IMF in April released $3.4 billion to the government under the Rapid Financing Instrument which Nigeria applied for in the thick of the COVID-19 pandemic. The World Bank in May released $176 million of […]

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