Tag: emergency funding

IMF set to approve $3.4bn Covid-19 emergency funding for Nigeria

Apr 26, 2020

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by

Femi Ajasa

in Nigeria

The International Monetary Fund (IMF) is expected to recommend the approval of $3.4 billion Covid-19 emergency funding for Nigeria as part of measures to cushion the impact of COVID-19 on the nation’s economy. According to Bloomberg, the IMF Executive Board will meet on Tuesday next week to review the request. The loan (Covid-19 emergency funding),…