The Nigerian government could not service Chinese and other bilateral loans in the second quarter ending June 30, 2023 but paid $1.7bn in debt servicing in H1 2022.
Nigeria's central bank has revealed substantial dollar transactions with JP Morgan and Goldman Sachs in documents that also confirm the bank exceeded limits on lending to the government. The recently published annual financial statements, the first since 2015, detail two securities lending agreements with JP Morgan Chase & Co., amounting to $7 billion in 2021, |
Implications Of Nigeria's Rising Debt On Economy leadership.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leadership.ng Daily Mail and Mail on Sunday newspapers.
Impacts Of Nigeria's Rising Debt On Economic Growth newtelegraphng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newtelegraphng.com Daily Mail and Mail on Sunday newspapers.