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Nigeria fully repays its US$3.4 billion debt to the International Monetary Fund that it borrowed during the COVID-19 pandemic.

Nigeria fully repays its US$3.4 billion debt to the International Monetary Fund that it borrowed during the COVID-19 pandemic. It is expected to pay some residual honorary charges for special withdrawing rights of US$30 million annually.

By Belfast Herald Staff Reporter1 min read

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BusinessNigeria fully repays its US$3.4 billion debt to the International Monetary Fund that it borrowed during the COVID-19 pandemic.

Nigeria fully repays its US$3.4 billion debt to the International Monetary Fund that it borrowed during the COVID-19 pandemic. It is expected to pay some residual honorary charges for special withdrawing rights of US$30 million annually.

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