Browsing Tag

Foreign loan

NIGERIA SPENT 2TRILLION ON DEBT SERVICING IN 9 MONTHS

Abuja Reporters Jan 3, 2021

Femi Asu Nigeria spent almost N2tn on debt servicing payments from January to September 2020, the latest data obtained from the Debt Management Office have shown. The DMO had on…
Read More...

News

FG SET TO BORROW ANOTHER 17BILLION DOLLARS FROM CHINA, SEE MINISTER’S EXPLANATION WHY IT HAS…

Abuja Reporters Feb 5, 2020

Sunday Aborisade, Abuja The Federal Government on Tuesday explained why it decided to approach the China-Exim Bank for a $17bn loan request. It said other lending institutions…
Read More...