Okay, here's the scoop on Nigeria and its IMF debt thingy. So, Nigeria got this $3.4 billion loan from the International Monetary Fund when the whole world went upside down during Covid in 2020. They used the money to handle the economic mess, which kinda makes sense, right? Now, the cool part is that Nigeria has finally paid back all of it.

So, why does this matter? First, when a country owes money, its credit rating gets a bit messy, kinda like when you max out your credit card and your parents find out 😬. Repaying the IMF improves Nigeria's credit score, imagine it like getting back in your parents' good books.

Plus, having no debt hanging also makes it easier to borrow in the future without crazy-high interest rates. It's like when your favorite store offers a massive discount if you clear your dues early. So, yeah, while we might not think it's a big deal, in the world of business and finance, it's something to cheer about!

And Nigeria still has to pay some interest charges yearly until 2029, but getting removed from the IMF debtor list is a pretty big achievement. 🎉