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The Business NG - May 09, 2025

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BusinessNG Editorial Focus – May 8, 2025

Today’s editorial spotlights Nigeria’s full repayment of the $3.4 billion IMF Rapid Financing Instrument loan received at the peak of the COVID-19 crisis in 2020. Disbursed to cushion the sharp fall in oil prices and stabilize the economy, the loan's final installment was settled on April 30, 2025, according to an IMF statement. While this repayment reflects positively on Nigeria’s fiscal discipline and post-pandemic recovery, the country will continue to incur annual SDR charges of around $30 million. BusinessNG examines what this milestone means for Nigeria’s economic credibility, foreign investor confidence, and broader debt sustainability strategy.

The Business NG Description:

Forlegger: Tuns-Media-&-Comm-Enterprise

Kategori: Newspaper

Språk: English

Hyppighet: Weekly

The BusinessNG, a leading business news publication across Nigeria and WestAfrica With a strong team of 30 staff members and a weekly print circulation of over 10,000 copies, we are poised for growth and report all political relating to business news at all level