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Nigeria secures $6b credit line from China

By The Rainbow
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China has offered Nigeria a loan worth $6 billion to fund infrastructure projects in Africa's biggest economy, the Nigerian foreign minister said on Tuesday. “It is a credit that is on the table as soon as we identify the projects,” Geoffrey Onyeama told reporters travelling with President Muhammadu Buhari to China. “It won't need an agreement to be signed; it is just to identify the projects and we access it,” he said. Reuters