world bank loan

  1. Nigeria Receives $751.88 Million from World Bank's $1.5 Billion Loan Package

    Nigeria Nigeria Receives $751.88 Million from World Bank's $1.5 Billion Loan Package

    Nigeria secures $751.88 million from World Bank's $1.5 billion loan for economic reforms. The RESET program aims to boost revenues, expand social safety nets, and liberalize imports. Conditions include VAT reforms and executive orders. World Bank to monitor Nigeria's compliance with agreed...
  2. Today's Naira Rate[17-06-2014]:  CBN Measures and World Bank Loan Impact Nigeria's Currency Stability at N1500

    Nigeria Today's Naira Rate[17-06-2014]: CBN Measures and World Bank Loan Impact Nigeria's Currency Stability at N1500

    Explore Nigeria's economic landscape: the naira holds steady at N1500 against the dollar amid high inflation, while the CBN implements measures to stabilize the FX market. A $2.25 billion World Bank loan aims to bolster economic resilience, impacting currency dynamics in the global market...
  3. Amid Economic Hardships, FG Considers Telecom Tax Reintroduction for $750m World Bank Loan

    Nigeria Amid Economic Hardships, FG Considers Telecom Tax Reintroduction for $750m World Bank Loan

    Amid Nigeria's economic struggles, the government is considering reintroducing telecom taxes to secure a $750m World Bank loan. The move sparks frustration among citizens already burdened by financial hardship. As negotiations unfold, concerns arise over the potential impact on the economy and...
  4. World Bank Approves $2.25 Billion Loan Package for Nigeria at 1% Interest Rate

    Nigeria World Bank Approves $2.25 Billion Loan Package for Nigeria at 1% Interest Rate

    During a joint press conference at the spring meetings of the International Monetary Fund (IMF) and the World Bank in Washington D.C., Finance Minister Wale Edun revealed that Nigeria has qualified for a $2.25 billion loan from the World Bank, described as "virtually a grant" due to its...
  5. EFCC Exposes Fraudulent Handling of ₦32.7 Billion COVID Funds and World Bank Loan at Humanitarian Ministry

    Nigeria EFCC Exposes Fraudulent Handling of ₦32.7 Billion COVID Funds and World Bank Loan at Humanitarian Ministry

    The Economic and Financial Crimes Commission (EFCC) has uncovered further fraudulent activities involving COVID-19 funds, a World Bank loan, and Abacha recovered loot at the Ministry of Humanitarian Affairs. In a recent statement, EFCC spokesperson Dele Oyewale revealed that the agency's...
  6. Former Central Bank Deputy Governor Criticizes Nigerian Government's $1.5 Billion World Bank Loan

    Nigeria Former Central Bank Deputy Governor Criticizes Nigerian Government's $1.5 Billion World Bank Loan

    Former Deputy Governor of the Central Bank of Nigeria (CBN) and one-time presidential candidate, Kingsley Moghalu, has launched a scathing critique of recent financial decisions made by the Federal Government of Nigeria. His condemnation revolves around two key issues: Nigeria's pursuit of a...
  7. FG Pursues $400 Million World Bank Loan for Cash Transfers to 15 Million Households

    Nigeria FG Pursues $400 Million World Bank Loan for Cash Transfers to 15 Million Households

    The Federal Government of Nigeria is seeking an additional $400 million loan from the World Bank for conditional cash transfers to 15 million households. This move is part of an effort to alleviate the impact of removing petrol subsidies, which has led to a significant rise in living costs for...
  8. Nigeria News

    Politics Fuel Subsidy: Buhari Writes Senate, Requests $800m World Bank Loan - Channels TV

    https://www.channelstv.com/2023/05/10/fuel-subsidy-buhari-writes-senate-requests-800m-world-bank-loan/
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    Politics World Bank Loan: Hold me responsible if El- Rufai fails Kaduna, Senator Uba Sani - Vanguard Nigeria News

    https://www.vanguardngr.com/2020/03/hold-me-responsible-if-el-rufai-fails-kaduna-senator-uba-sani/
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