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Lawmakers approve Nigeria’s $2.7bn external borrowing plan

The Nigerian Senate has approved President Buhari’s $2.7 billion external borrowing plan which will be used to fund critical projects. The loans consist of a planned $1.5 billion World Bank facility and a 995 million euro loan to be sourced from the Export-Import Bank of Brazil. Emmanuel Odiaka, CEO of ECOB Capital joins CNBC Africa for more.

Thu, 22 Apr 2021 11:43:16 GMT
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