Foreign Debt to rise as Tinubu seeks approval for Fresh $7.8bn and €100m Loans
Nigeria’s foreign debt is expected to rise further to about $51 billion, following President Bola Tinubu’s request to the Senate, ...
Tag: World Bank
FEC approves $3.45bn World Bank Loan Application for Power, Four other Projects
The Federal Executive Council on Monday, approved the application for a $3.45bn loan to finance five projects. They include projects ...
Budget support: FG secures $1.5bn Loan from World Bank, $80m from AfDB
The Federal Government on Monday said it had secured a budget support loan worth $1.5bn from the World Bank and ...
Nigeria secures $1.95bn Loan from World Bank in 4 Months
…despite an outstanding debt of $38.8 billion as of June 2023 A total of $1.95 billion loan have been secured ...
Why Buildings in Lagos collapse – World Bank
...only about 10% of construction sites obtain permits ...propose collaboration between govt, private sector The frequent building collapse in Lagos ...
Tinubu seeks Senate approval for $800 million World Bank loan
...set to pay 12m Nigerians N8,000 for 6 months President Bola Tinubu has sought for the approval to obtain a ...
Nigeria’s N6trn Debt is nothing to worry about – Expert
...Nigeria should be worried about the overall N55trn debt Nigeria’s debt profile to the World Bank of 6 Trillion Naira ...
Subsidy removal: Expect 25% inflation rate, World Bank predicts
...high inflation pushes 4 million Nigerians into poverty in 5 months The World Bank has projected that inflation may hit ...
World Bank supports 6,062 Farmers with Agricultural Inputs, Assets in Lagos
...beneficiaries from 20 LGs, 37 LCDAs A total of 6,062 farmers in Lagos State have received agricultural inputs and production ...
Consider financial implications of fuel subsidy, World Bank tells FG
The Country Director of the World Bank, Shubham Chaudhuri, has asked Nigeria’s federal and state governments to consider the financial ...
