
Nigeria clears $1.61bn IMF debt, ends decades-long financial burden. By Dally Iyamu
Nigeria clears $1.61bn IMF debt, ends decades-long financial burden Nigeria has cleared its $1.61 billion (N2.59 trillion as of May 7, 2025) debt to the International Monetary Fund (IMF), officially exiting the list of countries owing the global financial institution. A review of the IMF’s website by IntelRegion on May 7, 2025, confirmed Nigeria’s removal…