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Nigeria, India to finalise local currency trade settlement system soon

Nigeria and India will soon finalise a system of settling international trade between both countries in local currency soon according ...

FG warns Nigerians about on-going N3million COVID-19 grant scam, IMF, World bank loans, Over 56% of 2019 budget expenditure was released for capital projects , FG changes decision to sell stake of oil assets in JVs, Finance Bill: Nigeria exempts small businesses from Company Income Tax , Finance Bill is for the good of Nigerians – Finance Minister, Zainab Ahmed, Nigeria, five other West African countries reject ‘Eco’ as ECOWAS single currency, FG rejects calls for tax reduction, tax relief for donors to intervention funds, Nigerian economy going into recession, might contract by -8.9% - Finance Minister, Nigeria to spend $33.20 billion in 2021 up 17.2%, will spend 25% of budget on debt servicing - Finance Ministry, COVID -19: FG accesses $750m loans from World Bank for states

FG defends new $22.7 billion loans from World Bank, others

by Bamidele Samuel Adesoji

December 11, 2019

FG has defended the new external debt borrowing of $22.7 billion from the World Bank and other international financial organizations.

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