The Federal Executive Council has approved the request to obtain a loan of $150m from the African Development Bank to finance the Nigerian Electrification Project. The Minister of Finance, Zainab Ahmed, disclosed this at the end of the meeting of…
Deputy finance minister sacked over hidden debt scandal
Mozambique President Filipe Nyusi has sacked the country’s deputy finance minister, who has been implicated in a widening scandal over alleged fraudulent government loans totalling $2 billion. A statement from the presidency on Wednesday did not give a reason for…