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IMF approves $700 mn for Sri Lanka, warning of Mideast war shock
Latest Business Insights

IMF approves $700 mn for Sri Lanka, warning of Mideast war shock

The International Monetary Fund approved a further $700 million in loans for Sri Lanka on Thursday, while urging Colombo to accelerate reforms to guard its post-2022 economic recovery and address shocks from the Middle East crisis.

Read Full Storyarrow_forward1 min read • April 9, 2026
US cuts Nigerian crude imports by nearly 50%
U.S

US cuts Nigerian crude imports by nearly 50%

The United States reduced its purchase of Nigerian crude oil sharply in January 2026, with imports dropping by about 47.16 per cent month-on-month, according to the latest data from the U.S.

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NEW_MUSK
April 3, 2026