$7.5bn Loan Issued By US Banks To Nigeria In 2015 Surge As Tinubu Removes Subsidy
LAGOS AUGUST 12TH (NEWSRANGERS)-Nigeria’s central bank has reported a $7.5 billion loan from U.S. banks JP Morgan and Goldman Sachs in financial statements published for the first time since 2015, sending the country’s international bonds tumbling on Friday. Nigeria’s government has had to seek overdrafts from the central bank to plug a widening deficit amid…