Tag Archives: ECONOMY

Nigerian debt office expects approval of 1.649 trillion naira in borrowing

Nigeria’s debt office said on Thursday it expects the government to approve total borrowing of 1.649 trillion naira ($5.39 billion) in 2019. Half the debt, 824 billion naira, will be foreign borrowing, Patience Oniha, the director general of Nigeria’s Debt Management Office, told reporters in the capital Abuja. Nigeria, Africa’s …

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