Archives Tag: Infrastructural Development


Nigeria Gets $9 Billion Foreign Loan

April 19, 2022

The Nigerian Government recognizes the infrastructural challenge in the country, and knows its immediate term revenue may not provide for projects — for speedy upgrade, so the government is taking a $9 billion loan from the Export-Import Bank of China, the Islamic Development Bank and the African Development Bank. Interest rates on the loan will … Continue reading Nigeria Gets $9 Billion Foreign Loan

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