Browsing Tag

China loans

Why we’re probing China loans – Reps committee chair

John Ogunsemore Aug 25, 2020 0

The Chairman, House Committee on Treaties, Protocols and Agreement, Rep. Ossai Nicholas Ossai, has explained the reason behind his committee's probing of Nigeria's recent loan agreements with China.He disclosed this in a statement in…

Economy

China Loans: Nigeria Walking Into Sovereign Debt Crisis – Moghalu

John Ogunsemore Aug 17, 2020 0

A former Deputy Governor of the Central Bank of Nigeria (CBN), Dr. Kingsley Moghalu, has warned the Federal Government against incessant borrowings especially from China.Moghalu, who was a presidential candidate in 2019, issued the…