Kenya has been asked by the Chinese government to pay over Sh1.312 billion(N4.71 billion) fine for defaulting on repayment of its loans. The Chinese...
Widespread reactions across social media have followed reports of China’s potential takeover of Uganda’s only International Airport, Entebbe, over the country’s failure to repay a loan...
The House of Representatives on Wednesday said that the Internally Generated Revenues (IGRs) in Nigeria were enough to keep the country from seeking foreign loans, especially...
The Minister of Transportation, Rotimi Amaechi, said on Saturday the Federal Government had the capability to repay loans obtained from the Chinese government within the stipulated...
Nigeria’s Minister of Transportation and former Governor of Rivers State, Rotimi Amaechi has denied ceding Nigeria’s sovereignty to China after the House of Representatives raised an...
The Debt Management Office (DMO) on Tuesday said Nigerians have no reason to panic over Federal Government’s borrowing from China. It said there is no risk...
President Muhammadu Buhari said Chinese loans to Nigeria were not “debt trap” as being purported, noting that the nation was able to repay all the loans...
President Muhammadu Buhari has formally written to the National Assembly, seeking its approval to borrow over $12 billion loan. President of the Senate, Bukola Saraki, while...
China may withhold part of the $29.9 billion loans on which Nigeria partly pins its hope of financing next year’s N7.298 trillion budget. The Chinese government...
