Nigeria approves a large bond to pay off pension debts and secures a loan for student housing.

Nigeria's Federal Executive Council has approved a N758 billion bond to settle pension debts owed to retirees under the old Defined Benefit Scheme, which is expected to provide relief to thousands of pensioners. The council also approved a €30 million loan from France to build sustainable student housing. Additionally, they endorsed the National Single Window Project to streamline trade processes and boost the economy.

2 months ago
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