FG Sets to Secure $2.2Billion World Bank Loan
President Bola Tinubu’s administration, on Saturday announced that Nigeria had secured a loan of $2.25 billion from the World Bank at a single-digit interest rate. The package includes a 40-year term with a 10-year moratorium and a nominal interest rate of 1 percent. During a press briefing in Washington DC, United States, Wale Edun, Nigeria’s…
