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China Development Bank releases $255 mln for Nigeria rail project

China Development Bank has released a $254.76 million loan to Nigeria for a railway project linking the two northern states of Kano and Kaduna, the bank said, ahead of a visit to the West African country by Chinas top diplomat this week.

Posted by Hicham ALAOUI RIZQ on 2025, Jan 08

Introduction

China Development Bank has released a $254.76 million loan to Nigeria for a railway project linking the two northern states of Kano and Kaduna, the bank said, ahead of a visit to the West African country by Chinas top diplomat this week.

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