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Nigeria to save $326.895m from controversial pilotage deal with INTELS

Nigeria to save $326.895m from controversial pilotage deal with INTELS

The agreement also called for a reduction in the interest rate on the outstanding debt from six months' LIBOR rate plus 6.5 percent to six months' SOFR rate plus 3 percent, a spread-out repayment...

5 Dec 2023 2:36 PM IST