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JUST IN: China-Exim bank declines to grant FG $22 8bn loan

The Executive had requested extension of the lifespan of the Federal Government budget from December 31 to March 31, which the National Assembly approved in December 2022.

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Lawmakers Approve Change of Lender for $17bn Railway Modernisation Amid Opposition – THISDAYLIVE

Lawmakers Approve Change of Lender for $17bn Railway Modernisation Amid Opposition – THISDAYLIVE
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China Rejects Nigeria s $22bn Loan Request, FG to go back as Reps Approve Counter Request

The Federal Government of Nigeria will be seeking another loan after its earlier request was rejected by China Bank, citing the country's inability to repay.

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House of Reps approve FG s request to borrow $973m from Chinese bank

House of Reps approve FG s request to borrow $973m from Chinese bank
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Nigeria Turns To China Devt Bank For $973m Loan, As China-Exim Bank Turns Down Its $22 8bn Loan Request

Nigeria's House of Representatives, on Tuesday, approved the Federal Government’s request to borrow $973,474,971.38 from China Development Bank.

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