Post Tagged with: "African Development Bank"

Nigeria Seeks $3.5 Billion in International Loans to Fill Holes from Drop in Oil Revenue

Nigeria Seeks $3.5 Billion in International Loans to Fill Holes from Drop in Oil Revenue

OPEC member Nigeria looking to fund power, transport and road infrastructure projects with cheap money

Nigeria, an OPEC member and Africa’s largest economy, is looking to international institutions in order to fund its record-setting 2016 budget. With approximately 35% of …