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Foreign loans

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Nigeria To Repay $30bn For $2.5bn IMF Loan – See Why And How

As Nigeria secures $2.5 billion loan from the International Monetary Fund (IMF) to meet its financial needs, there are concerns that the country might end up repaying the loan with as much as $30 billion. Prime Business Africa reports that the Minister

July 10, 2024

Business·News

Nigeria Sees Surge In Foreign Loans, Capital Inflow Tops $3.9bn

The latest report from the National Bureau of Statistics reveals a significant surge in capital importation into Nigeria, reaching a total of $3.91 billion in 2023. A remarkable 59.1% of this influx, amounting to $2.31 billion, constituted foreign loans, signaling a considerable

February 20, 2024

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Foreign loans

Nigeria To Repay $30bn For $2.5bn IMF Loan – See Why And How

Nigeria Sees Surge In Foreign Loans, Capital Inflow Tops $3.9bn

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