Tag: Central Bank of Nigeria

  • Nigeria creates $2.6 bn infrastructure company

    Nigeria creates $2.6 bn infrastructure company

    Abuja, Feb 12 (AFP/APP):Nigerian President Muhammadu Buhari’s government has approved the creation of a company to fast-track development of critical infrastructure, with around $2.6 billion in initial financing. Africa’s most populous country slipped into recession in its third quarter for the second time in four years, hit by the coronavirus pandemic and a fall in…