Middle East Crisis: IMF plans $50bn lifeline for Nigeria, others

The IMF says it will make up to $50 billion available to Nigeria and other nations hit by the Middle‑East crisis, urging the government to channel its oil wind

*Urges prudent use of oil windfall to rebuild buffers By Babajide Komolafe, Economy Editor The International Monetary Fund, IMF, has indicated plans to provide up to $50 billion in financial support to Nigeria and other countries affected by the biting impact of the ongoing Middle East crisis. Managing Director of the IMF, Kristalina Georgieva, disclosed this […] The post Middle East Crisis: IMF plans $50bn lifeline for Nigeria, others appeared first on Vanguard News.