(Special Report) What’s disclosure level of FG’s $47b projects-tied Chinese loans?
The global standard tenets in corporate governance are resting on the tripod of disclosure especially when it comes to issues of financial expenses either in private or public life. Granted that the above remains a ground norm, it means that…
We’re borrowing from China because of it’s cheapness—FG
Considering rising criticisms against the borrowing spree of the current government from China, the Debt Management Office (DMO) has argued that it borrows from China in order to take advantage of a cheaper source of finance. However, another reason given…
China tactically ‘buying Africa’ as unpaid loans since 2000 hit $130bn
At a time President Muhammadu Buhari has averred that Chinese loans are not debt traps, more informed international affairs analysts and China foreign policy experts have argued that lack of transparency in Chinese lending will increase Africa’s debt burden going…
