Tag Archives: World Bank loan

The World Bank Group has approved a loan of $500m to help Nigeria drive women’s empowerment. This became the second loan approved by the World Bank under the new President, Bola Tinubu. It is a scale-up financing for Nigeria for Women Programme, which was initially approved on June 27, 2018, …

The federal government is in the process of accessing a World Bank loan of $750 million on behalf of the states. The new loan is meant to stimulate the local economy and support the vulnerable households’ consumption. This, it said, is part of the windows of opportunity to mitigate the effect of …