NIGERIA SPENT 2TRILLION ON DEBT SERVICING IN 9 MONTHS

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…

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

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 like the World…