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As Tinubu takes over government: Experts offer recipe for Nigeria's N77trn debt, rising inflation – Blueprint Newspapers Limited: Breaking news happening now in Nigeria and todays latest newspaper headlines

As Tinubu takes over government: Experts offer recipe for Nigeria's N77trn debt, rising inflation – Blueprint Newspapers Limited: Breaking news happening now in Nigeria and todays latest newspaper headlines
blueprint.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from blueprint.ng Daily Mail and Mail on Sunday newspapers.

China , Japan , Lagos , Nigeria , France , Buhari , Kano , Abuja , Abuja-federal-capital-territory , India , Ibadan , Oyo

China's Loans Pushing Dozen Of Poor Countries To Brink Of Collapse Amid Nigeria's Over $4Billion Chinese Debt –Report

A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China.

Beijing , China , Germany , Nigeria , Zambia , Ethiopia , Congo , Ibadan , Oyo , World-bank , District-of-columbia , United-states

Underutilisation, Debts Hobble Over $4.12b Rail Rehabilitation Project

Underutilisation, Debts Hobble Over $4.12b Rail Rehabilitation Project
thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.

Igueben , Edo , Nigeria , Abuja , Abuja-federal-capital-territory , Lagos , Kano , Maiduguri , Borno , Edo-state , Agege , Senegal

Chinese loans hit $4.3 billion, accounting for 84.7% of Nigeria's total loan

Loans from the Chinese government to Nigeria have grown by 209.15 per cent from $1.39 billion to $4.29 billion between 2015 and 2022. | Pulse Nigeria

China , Ibadan , Oyo , Nigeria , Japan , Abuja , Abuja-federal-capital-territory , Keffi , Jigawa , France , India , Germany

Gridlock looms as LASG announces traffic diversion at Jonathan Coker

The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news.

Toyin , Nigeria-general- , Nigeria , Ibadan , Oyo , Lagos-state , Lagos , Frederic-oladeinde , Jonathan-coker , Lagos-state-traffic-management-authority , Nigerian-railway-modernisation-project-lagos ,

'I Need $36bn To Construct Railway Nationwide – Amaechi – Gistmaster

I need $36bn to construct railway nationwide —Amaechi The Minister of Transportation, Rotimi Amaechi, says he needs just $36bn to connect the entire nation by rail. Amaechi said this on NTA’s ‘Good Morning Nigeria’ programme which was monitored by The PUNCH on Friday. The minister explained that railway is capital intensive and this has made…

Lagos , Nigeria , Lokoja , Kogi , Rivers-state , Rivers , China , Kano , Port-harcourt , Ibadan , Oyo , Abuja

Buhari regime borrows $2.02bn from China in six years


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Temitayo Jaiyeola, Kariola Mustapha, Amarachi Orjiude and Sami Olatunji
Published 15 June 2021
Temitayo Jaiyeola, Kariola Mustapha, Amarachi Orjiude and Sami Olatunji
Published 15 June 2021
• $719.61m used to service Chinese loans since inception in 2015
The Buhari’s administration has borrowed $2.02bn as loans from China from 2015, data obtained from the Debt Management Office on Monday showed.
According to the statistics obtained from the DMO, Nigeria’s total debt from China as of June 30, 2015 stood at $1.38bn.
However, as of March 31, the country’s debt portfolio from China had risen to $3.40bn.
According to the DMO, loans from China are concessional loans with interest rates of 2.50 per cent per annum, a tenor of 20 years and grace period (moratorium) of seven years.

Nigeria , Lagos , Kano , Port-harcourt , Rivers , China , Ibadan , Oyo , Zambia , Abuja , Abuja-federal-capital-territory , Kaduna

Buhari Regime Borrows $2.02 Billion From China In Six Years

Buhari Regime Borrows $2.02 Billion From China In Six Years
niyitabiti.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from niyitabiti.net Daily Mail and Mail on Sunday newspapers.

Nigeria , Lagos , Kano , Port-harcourt , Rivers , China , Ibadan , Oyo , Zambia , Abuja , Abuja-federal-capital-territory , Kaduna

Buhari Administration Borrows N830 Billion From China In Six Years

Buhari Administration Borrows N830 Billion From China In Six Years
saharareporters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saharareporters.com Daily Mail and Mail on Sunday newspapers.

Lagos , Nigeria , Kano , Port-harcourt , Rivers , China , Ibadan , Oyo , Kaduna , Abuja , Abuja-federal-capital-territory , Muhammadu-buhari

Nigeria owes China $3.714bn ― DMO | Tribune Online

Nigeria owes China $3.714bn ― DMO | Tribune Online
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China , Ibadan , Oyo , Nigeria , Abuja , Abuja-federal-capital-territory , Nigerian , Chinese , National-public-security-communication-system , Nigerian-railway-modernisation-project-lagos , China-export-import-bank