Nigeria to seek World Bank loan of at least $1 bln: finance minister

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LAGOS (Reuters) – Nigeria wants to borrow at least $1 billion from the World Bank, Finance Minister Kemi Adeosun said on Tuesday.

Adeosun also told CNBC that Nigeria hoped to sign in the next few months a loan worth $1.3 billion from China’s Export-Import Bank (Exim) to fund railway projects in the West African nation.


(Reporting by Ulf Laessing and Oludare Mayowa; Editing by Gareth Jones)


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