The World Bank has released a $1.5 billion loan to Nigeria, marking a significant milestone in the country’s economic reform journey. This funding follows the Federal Government’s implementation of critical policies, including the removal of fuel subsidies and the introduction of new tax measures. The loan is part of a broader $2.25 billion financial package…
The new strategy’s cornerstone is to unlock economic opportunities for millions of women by ensuring greater access to broadband internet, social protection programs, and capital.
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…
