Nigeria seeks approval from lawmakers for $1.5 bln loan for states’ projects

Nigeria seeks approval from lawmakers for $1.5 bln loan for states’ projects

Nigeria’s government is seeking approval from lawmakers to borrow $1.5 billion from international lenders to fund projects in a number of the country’s states, a letter by the acting president said on Tuesday. The OPEC member, which has Africa’s largest economy, is grappling with its first recession in 25 years which was largely brought on…

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