NIGERIA has been warned that she risks losing several key national assets to China in the event that the country defaults in paying back loans obtained from Chinese banks which is currently put at $3.48bn.
According to economists and financial experts, Nigeria is dangerously exposed to Chinese banks as a result of her...
NIGERIA could be severely hit financially by the fact that China has drastically curtailed the overseas lending programme of its two largest policy banks after nearly a decade of ambitious growth which at its peak rivalled that of the World Bank.
Like most developing nations, Nigeria has benefited from Chinese loans over...
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