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Tag: Cost of Borrow

FEC approves refinancing of Nigeria’s domestic debt into $3 billion treasury bills

August 10, 2017Ayo Olowo

The Federal Executive Council, FEC, on Wednesday approved the refinancing of the country’s domestic debts into treasury bills worth $3 billion as part of the overall strategy of government to reduce the cost of borrowing. The Minister of Finance, Kemi Adeosun, gave the indication while addressing State House Correspondents on the FEC meeting presided by […]

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