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Nigerian govt seeks fresh N5.9tn loan from British bank

  The Nigerian government is currently negotiating a fresh $14.4 billion loan which is about N5.9 trillion to finance two rail lines in the country. Minister of Transportation Rotimi Amaechi disclosed this in an interview with Bloomberg. According to the minister, Standard Chartered Plc, a British multinational bank will be ...

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FG Begins Payment Of New Pension To Retirees

The Federal Government through the Pension Transitional Arrangement Directorate, PTAD, has begun the payment of the consequential adjustment to pensioners under the Defined Benefit Scheme, DBS. The Executive Secretary of PTAD, Chioma Ejikeme, disclosed this development through a statement by the Directorate’s Head of Corporate Communications, Mr Gbenga Ajayi, informing ...

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