Nigeria’s Debt

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National

Nigeria Set To Receive Fresh $2.2bn World Bank Loan

VAM News April 21, 2024 0 Comment

Voice Air Media, News Update THE Federal Government is set to receive around $2.2 billion single-digit interest loan from the World bank and another budget support facility from the African Development Bank. Minister of...

Nigeria’s Debt Stock Hits N42.7tn AS Senate Approves fresh $16bn loans

Olorungbotemi November 11, 2021 0 Comment

Nigeria’s debt stock of N35.5tn will rise to N42.7tn following the Senate’s approval of the Federal Government’s request for $16bn and €1.02bn fresh loans. The $16.2bn loan is equivalent to N6.7tn...