Nigeria’s syndicated loans jump 21-fold to $2.86bn
Nigeria’s syndicated loans surged 21-fold to $2.86bn in one year, as the government increases commercial financing for infrastructure projects like the Lag Read More: https://punchng.com/nigerias-syndicated-loans-jump-21-fold-to-2-86bn/
Nigeria's outstanding syndicated loans surged by $2.73 billion in just one year, more than tripling in size. The Federal Government's increased reliance on commercial financing for infrastructure projects was a key driver of this dramatic growth, according to an analysis of Debt Management Office data by The PUNCH.
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