World Bank Approves Fresh $700m Loan for Nigeria
The World Bank has approved a fresh $700 million loan to support education and empowerment initiatives for adolescent girls in Nigeria. The loan will be used to scale up the…
World Bank Reveals Inefficiencies Cost Nigeria, Others Billion Dollars
A report by the World Bank has exposed the significant losses Nigeria and other developing nations incur due to inefficiencies in public spending. The report, titled "How Can Developing Countries…
Moghalu Kicks as FG Plans Fresh $1.5bn World Bank Loan
Plans by the Federal Government to borrow a fresh $1.5 billion loan from the World Bank have attracted kicks and condemnation from various quarters. Daily Report Nigeria reports that Wale…
Nigeria Receives World Bank $1.5bn Loan for Subsidy Removal, Tax Reforms
The Washington-based World Bank has granted Nigeria a $1.5 billion foreign loan. The loan was granted as part of the federal government’s effort to implement fuel subsidy removal and tax…