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Tag "$1.5bn loan"

Oil-for-cash loan: Nigeria to recieve $1bn from Afreximbank in May

    Oil-for-cash loan: Nigeria to recieve $1bn from Afreximbank in May

The federal government is expected to receive $1.05 billion from a syndicated loan backed by oil by the end of May to help revive the economy and improve the foreign-exchange

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Nigeria needs more currency reform to access $1.5bn loan, says World Bank director

    Nigeria needs more currency reform to access $1.5bn loan, says World Bank director

Shubham Chaudhuri, World Bank country director for Nigeria, says Nigeria needs more monetary reform in order to access $1.5 billion loan. In November, the naira weakened at N500 to the

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