The Nigerian government said it would repay on behalf of the states the N10.9 billion deductions for loans in March to bondholders.
Several Nigerian states borrowed in the domestic bond market and from banks to fund infrastructure projects at the peak of oil prices. But as crude prices plunged, many
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HOPE MOSES-ASHIKE with agency report
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
