The International Monetary Fund (IMF) has advised the Federal Government against the proposed $5 billion loan from the First Abu Dhabi Bank (FADB) of the United Arab Emirates, warning that the financing arrangement carries significant risks.

The International Monetary Fund (IMF) has counselled the federal government against the proposed $5billion Total Return Swap (TRS) External Financing Programme with the First Abu…

The IMF warns Nigeria about the opaque and risky nature of its proposed $5bn Total Return Swap deal with First Abu Dhabi Bank, urging caution despite impro