Nigeria Senate Approves Pres. Buhari’s $16bn, €1bn External Borrowing Request

The Nigerian Senate on Wednesday, approved the External Borrowing (Rolling Plan) request of $16,230,077,718, and €1,020,000,000 tendered by the President Muhammadu Buhari led adminstration. ayokinews.com reports A grant component of $125 million was also approved by the upper chamber of the Nigerian legislature. According to the federal government, the loans are to be funded by … Continue reading Nigeria Senate Approves Pres. Buhari’s $16bn, €1bn External Borrowing Request