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Tag: Fund

IMF board approves $3.4bn emergency support for Nigeria

April 28, 2020April 28, 2020Eben Tanimola

The executive board of the International Monetary Fund (IMF) has approved the $3.4 billion requested by the Nigerian government for emergency support. The board met on Tuesday to discuss Nigeria’s request for emergency support under the rapid financing instrument. The amount represents the total special drawing right (SDR) Nigeria holds with the international lender. The […]

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