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Nigeria suspends $22.7bn borrowing plan.

The articles by Vanguard and the Sun confirm that Nigeria has suspended $22.7bn borrowing plan.

The articles by Vanguard and the Sun confirm that Nigeria has suspended $22.7bn borrowing plan.The Minister of Finance, Mrs Zainab Ahmed speaking in Abuja, at the 2020 International Conference on the Nigerian Commodities Market, organized by the Securities and Exchange Commission said that the Federal Government has suspended its $22.7 billion external borrowing plans due to disruption caused by Coronavirus pandemic. She explained the decision of the government to suspend the borrowing as market indices do not support external borrowings at the moment.

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