IMF Warns Nigeria On Debt Prudence Amid $6B Infrastructure Loan Approval

The International Monetary Fund (IMF) has urged caution in managing external loans as Nigeria’s federal government secures a $6 billion facility to accelerate infrastructure development in transport and energy sectors. Approved from a consortium of international lenders, the funding aligns with global trends from Asia and aims to modernize roads, railways, power grids, and more—boosting […]

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