Tag: IMF Approves $3.4bn

  • IMF Approves $3.4bn For Nigeria’s COVID-19 Fight

    IMF Approves $3.4bn For Nigeria’s COVID-19 Fight

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    by

    Starnews NG
    in

    The board of the International Monetary Fund (IMF) has approved the sum of $3.4 billion to support Nigeria’s COVID-19 fight. The emergency financial assistance to Nigeria is the highest so far to any member country. The assistance, facilitated via the Rapid Financing Instrument (RFI), will help limit the decline in Nigeria’s international reserves, the IMF…