The World Bank has clarified that its planned $10.50 million financing to the Central Bank of Nigeria (CBN) is a grant, not a loan. This clarification comes after earlier reports suggested that Nigeria had sought a $10.50 million loan to enhance the CBN’s technical capacity… World Bank Clarifies $10.50 Million Grant For CBN, Not A … Read more
The World Bank has approved three financing initiatives totaling $1.08 billion to support education, nutrition, and economic resilience in Nigeria. The loans are aimed at improving education quality, strengthening community resilience, and boosting nutrition for underserved groups,… World Bank Approves $1.08bn Loan for Nigeria’s Education Nutrition …C0NTINUE READING HERE >>>>
The World Bank has approved fresh loans for Nigeria under the leadership of President Bola Tinubu. Henzodaily reports that the bank, on Monday, approved a total of $632 million for use in critical areas of Nigeria’s economy, including nutrition enhancement and provision of… World Bank Approves Fresh Multi-million Dollar Loans For Nigeria …C0NTINUE READING HERE … Read more
The World Bank is set to approve a total of $632 million in fresh loans to Nigeria on Monday, aimed at supporting crucial sectors such as nutrition improvement and quality education, despite mounting concerns over the country’s rising debt profile. According to Punch, the… World Bank Set To Approve $632 Million Loans For Nigeria Amid … Read more
The Minister of Communications and Digital Economy, Bosun Tijani, has said President Bola Tinubu’s work to reform Nigeria would make the country the greatest in Africa. Henzodaily reports that Tijani said the President’s economic reforms have earned him the best president… A Senior World Bank Member Said Tinubu Is Africa’s Best President …C0NTINUE READING HERE … Read more
The World Bank said Nigeria needs between $10 and $15 million investment annually in its statistical system to outperform that of South Africa, Brazil, Mexico, and Colombia. This comes as the bank lamented that Nigeria’s statistical system is below that of South Africa and… Nigeria’s statistical system needs $15m investment yearly – World Bank …C0NTINUE … Read more