Nigerian gov't to convert loans from central bank to 40-year bonds The Federal Government of Nigeria (FGN) plans to convert at least 20 trillion naira ($45.4 billion) of loans taken from the central bank to 40-year bonds, the first time it’s resorted to such a move as public finances come under pressure. These loans which some have called printing of money by the apex bank, have not been added to the nation’s debt. President Muhammadu Buhari approved the plan to convert the debt, which has mostly been taken since he was...