According to the IMF, the charges are tied to the difference between Nigeria’s SDR holdings, which currently stand at SDR 3,164m ($4.3bn), and its cumulative SDR allocation of SDR 4,027m ($5.5bn).

Nigeria’s headline inflation is projected to rise sharply to 37 per cent in 2026, according to the International Monetary Fund, which issued the forecast in its April 2025 World Economic Outlook ...

The International Monetary Fund (IMF) Thursday disclosed that Nigeria has fully repaid its financial support of US$3.4 billion it requested and received in April 2020.

The International Monetary Fund on Tuesday said it was considering Nigeria's request for $3.4 billion in emergency financing to combat the impact of the new coronavirus pandemic on Africa's ...

Jesmin Rahman, the IMF mission chief to Nigeria, said the country's surprise exit from recession in the fourth quarter would aid its economic outlook for the coming year. Sign up here.

In Nigeria, IMF emergency loans and other international assistance must follow this statement and promote accountability. It will take some personal courage, a great deal of simplification of our ...

Nigeria has applied to the IMF and African Development Bank (AfDB) to access $3.5 billion in concessional funding to support the 2020 budget.