Nigeria gets $3.4 billion IMF support

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The Central Bank of Nigeria

The International Monetary Fund has announced a major support package for Nigeria, the single biggest programme it has announced since the outbreak of the coronavirus.  

The IMF approved Nigeria’s request for aid of approximately $ 3.4 billion, amounting 100% of its financing quota, it announced on April 28. The IMF executive board said that other outside donors would also need to send aid to Nigeria. It warned the authorities must ensure independent audits of how the money, supplied under the

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