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Topic: Senate Approves $5.5bn Foreign Loan as External Debt Rises to $15.4bn  (Read 1740 times)

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Senate Approves $5.5bn Foreign Loan as External Debt Rises to $15.4bn
« on: November 15, 2017, 07:25:22 PM »
Senate Approves $5.5bn Foreign Loan as External Debt Rises to $15.4bn

Damilola Oyedele in Abuja and Obinna Chima in Lagos The Senate Tuesday approved the request by the executive to raise $3 billion from the international capital market (ICM) through a Eurobond or Diaspora Bond issue or a combination of both to refinance maturing domestic debts, and raise another $2.5 billion from multilateral donor institutions to […]
Source: Senate Approves $5.5bn Foreign Loan as External Debt Rises to $15.4bn

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post culled from thisdaylive
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