Tag
SPECIAL DRAWING RIGHTS
The amount of foreign exchange that came into Nigeria in Q3 2021, skyrocketed by 64% to $30.18 billion...
The International Monetary Fund's $650 billion Special Drawing Rights grant, which includes $27 billion for African countries, will...
A combination of Eurobonds and the IMF Facility could increase Nigeria’s external reserves by close to $10 billion.
The allocation which was approved on Monday aims to boost global liquidity at a time when the world is grappling with the coronavirus pandemic.