China-Exim Bank Refuses Nigeria’s $22.8bn Loan Request

An agreement to lend Nigeria $22,798,446,773 that had previously been approved by the National Assembly has been rejected by the China-Exim Bank. The House of Representatives granted the Federal Government’s request to borrow $973,474,971.38 from the China Development Bank on Tuesday. Abubakar Fulata, the chairman of the House Committee on Rules and Commerce, made a … Continue reading China-Exim Bank Refuses Nigeria’s $22.8bn Loan Request