submitted almost 5 years ago by georgina
- The National Assembly in Nigeria approved an additional external loan of N1.1 trillion for the federal government, which could increase the country's total debt from N33 trillion to N34 trillion.
- The loans, totaling $1.5 billion and €995 million, are intended to fund priority projects and support economic recovery in response to the COVID-19 pandemic, sourced from the World Bank and Export-Import Bank of Brazil.
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