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Imf Addresses Nigeria’S Covid-19 Loan Repayment And Unpaid Balances
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The American billionaire stated that his Gates Foundation will cease operations following the distribution of his fortune. On Thursday, the International Monetary Fund (IMF) announced that Nigeria has completely settled its $3.4 billion loan, which was borrowed in April 2020. The funds were released through the Rapid Financing Instrument, aimed at assisting with the…
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IMF Addresses Nigeria’s COVID-19 Loan repayment and Unpaid Balances
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The American billionaire stated that his Gates Foundation will cease operations following the distribution of his fortune. On Thursday, the International Monetary Fund (IMF) announced that Nigeria has completely settled its $3.4 billion loan, which was borrowed in April 2020. The funds were released through the Rapid Financing Instrument, aimed at assisting with the…
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Chinese banks’ annual credit loses to average $353b in next two years
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Nonperforming assets and bad debt are expected to rise. Chinese banks ‘ nonperforming assets (NPA) ratio may rise to 6.3% through 2027 as trade disputes weigh on the economy. The US trade policy may result in more bad debt from small companies and unsecured lending, said S&P Global Ratings credit analyst Ming Tan. Tan…
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Morara Kebaso’s Wife Saves the Day: How She Offset a KSh 2M Debt Using Client Money
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Kebaso Morara went down memory lane, where he recalled a time he almost sank into debt based on the lifestyle that he was leading The Injection Party Leader informed .co.ke that his spouse intervened and assisted in covering the KSh 2 million debt he was facing. From that point onward, he has learned to…
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GH₵61.7BN DDEP Cost Alarms Experts: Still, Investment Remains Crucial
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By Wisdom JONNY-NUEKPE Despite facing several economic upheavals over the past few years, most notably the Domestic Debt Exchange Programme (DDEP), which amounted to an astounding GH₵61.7 billion, central government needs to devise innovative strategies to restore investor confidence, according to Banking Consultant Dr. Richmond Atuahene. At the 2025 Money Summit organized by B&FT…