Nigeria’s Buhari seeks approval of $7 billion borrowing plan

27 April 2017, Abuja — Nigerian President Muhammadu Buhari asked lawmakers to approve a plan for the government to borrow $7 billion through 2018 to develop railroads and support an economic recovery. The Export-Import Bank of China approved several loans for railroad projects, including $3.5 billion to build a line connecting the commercial capital, Lagos, […] More »