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Posted: 2025-05-12 09:55:34 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-12 09:55:45 UTC
Verified By
Rollup News
Nigeria has cleared its $1.6 billion loan with the IMF and is no longer listed among debtor countries as of May 6, 2025, joining nations like Switzerland, Singapore, China, and New Zealand.
Nigeria is no longer indebted to the IMF.
Nigeria has cleared its $1.6 billion loan.
Nigeria joins countries like Switzerland, Singapore, China, and New Zealand as non-debtors to the IMF.
Economic crises
Currency stabilization
Structural reforms
Balance of payments difficulties