Relief for Nigeria as IMF Approves U.S.$3,4 Billion Emergency Aid

The International Monetary Fund has approved Nigeria's request for U.S.$3.4 billion in emergency financial assistance under the fund's Rapid Financing Instrument to support the government's efforts in addressing the severe impact of COVID-19 on the economy and the sharp fall in oil prices. The assistance given to Nigeria is the highest to any member country so far.

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