A petrol station attendant counts Nigerian's currency, the naira, depicting Nigeria's first president, in Abuja, Nigeria.Photographer: Suzanne Plunkett/Bloomberg News

JOHANNESBURG - China’s Exim bank will lend Nigeria $328 million towards improving the West African country’s telecoms infrastructure, Reuters reported.

Poor telecoms are a major challenge for businesses operating in Nigeria, which is Africa’s largest oil producer, most populous country and has one of the continent’s largest economies.

 - African News Agency (ANA)