Nigeria Draws First $1.5 Billion from Abu Dhabi Financing Deal

Nigeria's Finance Minister, Wale Edun, confirmed that the government has drawn the first $1.5 billion installment from a $5 billion financing deal with Abu Dhabi, intended to support infrastructure, budget implementation, and debt refinancing.

30 Jun, 13:57 — 30 Jun, 13:57

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Premium TimesMostly Factual41d ago

Oyedele confirms Nigeria has drawn first $1.5 billion under $5 billion Abu Dhabi financing deal

The Finance Minister says the government is drawing the loan in phases to reduce borrowing costs while supporting infrastructure projects, budget implementation and debt refinancing. The post Oyedele confirms Nigeria has drawn first $1.5 billion under $5 billion Abu Dhabi financing deal appeared first on Premium Times Nigeria.

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Nigeria Draws First $1.5 Billion from Abu Dhabi Financing Deal

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Oyedele confirms Nigeria has drawn first $1.5 billion under $5 billion Abu Dhabi financing deal

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