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World Bank Approves Nigeria’s $1.08bn Loan Request

The World Bank has approved a $1.08 billion financing package aimed at strengthening Nigeria’s education system, tackling malnutrition, and boosting economic resilience.

FG Seeks Fresh $10.50m Loan from World Bank

FG Seeks Fresh $10.50m Loan from World Bank   Nigeria has approached the World Bank for a fresh $10.50m loan to enhance the Central Bank of Nigeria’s technical capacity and modernise the country’s domestic payment infrastructure. According to information exclusively obtained from the World Bank website on...

W’Bank Approves $1.08bn for Education, Nutrition, Economic Boost in Nigeria 

W’Bank Approves $1.08bn for Education, Nutrition, Economic Boost in Nigeria  The World Bank has approved three financing operations totalling $1.08bn to support education, nutrition, and economic resilience in Nigeria. According to a statement on the bank’s website on Wednesday, the concessional loans are aimed at improving...

W’Bank to Approve Nigeria’s $632m Loan Request

The World Bank is set to approve fresh loans totalling $632m to Nigeria today (Monday) amid mounting concerns over the country’s rising debt profile.

World Bank Projects $15m Investment to Strengthen Nigeria’s Statistical Performance

World Bank Projects $15m Investment to Strengthen Nigeria's Statistical Performance The World Bank has expressed concern over Nigeria’s poor statistical performance, noting that the country is lagging behind its aspirational peers such as Mexico, Colombia, South Africa and Brazil. According to a statement by the budget...

NBS Reveals Why Vehicle Import Declined in 2024

Nigerians imported fewer passenger motor cars in 2024 as rising inflation and the continued naira depreciation.