Islamic Banking: Nigeria seeks loan from IDB
2/11/2012 10:11:34 AM
Nigeria is in talks to secure a $600 million no-interest loan for infrastructure work from theIslamic Development Bank (IDB), Minister of State for Finance Yerima Lawan Ngama said on Thursday.
Ngama said the loan would be repaid in three to four years, adding that the country's application for the facility has passed the IDB scrutiny and received positive approval from the Board.
The minister while addressing journalists in Abuja during
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