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Topic: Nigeria Seeks $7bn from IMF, Others to Reflate Economy  (Read 710 times)

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Nigeria Seeks $7bn from IMF, Others to Reflate Economy
« on: April 08, 2020, 07:01:58 PM »
Nigeria Seeks $7bn from IMF, Others to Reflate Economy

•To augment June FAAC with $150m from NSIA Ndubuisi Francis in Abuja Nigeria is seeking about $7.050 billion, an equivalent of N2.679 trillion, from multilateral financial institutions and the Nigeria Sovereign Investment Authority (NSIA) to mitigate the impact of COVID-19 on the economy. A breakdown indicates that $3.4 billion is being sourced from the International […]


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