NIGERIA'S senate has approved President Muhammadu Buhari's request for an additional $16bn loan and an extra €1bn worth of borrowing to help the government fund its budgets under the 2018-2020 External Borrowing Plan.
Due to the debilitating effect of the coronavirus pandemic, Nigeria is totally unable to fund its annual...
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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