Loans Archives -

Experts Caution Nigeria Against Relying On Loans, Urge Focus On Domestic Revenue And Investment Transparency

Kingsley Chukwu3 weeks ago03 mins

As Nigeria prepares to take on new external and domestic loans totalling over $21 billion, economists are urging the government to prioritise sustainable funding models and utilise domestic revenues more effectively. Professor Sherifdeen Tella of Babcock University and Dr Ayo Teriba, CEO of Economic Associates, raised concerns over the federal government’s latest borrowing plan presented…

China’s Xi says ‘upgrading’ Venezuela relations after meeting Maduro

Obasi Chinedu Marvellous2 years ago03 mins

China’s President Xi Jinping has held a meeting with his Venezuelan counterpart, Nicolas Maduro, during which the two leaders agreed to upgrade their countries’ relations. Chinese state media said the two leaders on Wednesday signed several bilateral cooperation documents focused on areas including the economy, trade and tourism after the talks in Beijing. Xi said…