World Bank

World Bank Approves New $1.57bn Loan For Nigeria

World Bank has approved three new loans for Nigeria, totaling $1.57 billion, aimed at boosting healthcare, education, and resilience to…

By Tobias Sylvester

Bola Tinubu Seeks Senate’s Approval To Borrow $800m From World Bank

President Bola Tinubu has asked for an approval from the Senate to borrow the sum of $800 million. The immediate…

President Buhari Asks Senate To Approve $800m Loan Request From World Bank

President Muhammadu Buhari has written a letter to the Nigerian Senate seeking approval for a request to borrow $800 million…

World Bank Says Naira Redesign Will Affect Small Businesses And Poor People

The World Bank has warned the newly redesigned naira may have a negative effect on poor Nigerians and small-scale businesses…

Deeply Indebted Zambia Gets $275m From World Bank

Debt-ridden Zambia has gotten relief after the World Bank approved $275 million in aid to it to help it recover…

World Bank Asks Nigerian Govt To Impose Taxes On Alcohol, Cigarettes, Tobacco

The World Bank Group has called on the Federal Government to impose special taxes on alcohol, cigarettes, tobacco and sugar-sweetened…

Nigeria Owes China $3 Billion, Approximately N1.2 Trillion As Of 2020 – World Bank

The World Bank has revealed that the total amount of money borrowed by the Nigerian Government from China rose to…

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