The European Commission President Ursula von der Leyen has announced the launch of a new investment package worth €150 billion ($169.67bn) for Africa, in a bid to create an alternative to Chinese loans and investments that Read More
Tags :Chinese Loan
According to an analysis of the external debt stock data from the Debt Management Office, Nigeria’s debt to China increased from $3.26bn as of September 30, 2020, to $3.59bn as of September 30, 2021. This shows an increase Read More
Under the Buhari’s administration, Nigeria has secured $2.02bn as loans from China in six years. This is according to data obtained from the Debt Management Office, which showed that Nigeria’s total debt from Read More
The Debt Management Office (DOC) has revealed the Buhari-led government has incurred a loan that totals $2.20 billion from the Chinese government since its inception in 2015. According to the statistics obtained from the DMO, Nigeria’Read More
