Nigeria borrows N176 billion from Chinese bank

by Stanley Azuakola A Federal Government delegation comprising Nigeria’s minister of Finance, Ngozi Okonjo-Iweala, minister of Aviation, Stella Oduah, minister of the Federal Capital Territory, Bala Mohammed, and minister of State for Works, Ambassador Bashir Yuguda were in China, where they obtained a loan of $1.1 billion (about N176 billion) from the Chinese Exim Bank,... Read More