Tag: loans

Between Nigeria and World Bank

Feyi Fawehinmi A few weeks ago, reports began to appear in local and International outlets suggesting that the US$1.5 billion loan Nigeria had arranged with the World Bank had been…

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Nigerian Banks Restructure $20 Billion of Loans as Virus Hits

Nigerian banks are restructuring 41% of loans in the country after the central bank placed a moratorium on interest charges and principal debt repayments to cushion the blow of lower…

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