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World Bank grants Oyo N3.5bn to renovate 105 schools

The Oyo State Government has received a N3.5 billion grant from the World Bank to renovate 105 public primary schools across the state. The grant, part of the Better Education Service Delivery for All – Additional Funding project, aims to…

Nigeria secures World Bank’s approval for $2.25 billion loan to boost reforms

The World Bank has announced the approval of two significant financial operations aimed at bolstering Nigeria’s economic stability and supporting its vulnerable populations.  According to a statement from the bank on Thursday, the combined package, totalling $2.25 billion, comprises the…

Federal Government Set to Secure $2.25 Billion World Bank Loan for Economic Reforms

The Federal Government is on the verge of securing fresh loan funding from the World Bank, with an anticipated approval date set for June 13, 2024. The loans, totaling $2.25 billion, will be allocated to two significant development projects aimed…

Nigeria secures $2.25billion World Bank loan

Wale Edun, minister of finance and coordinating minister of the economy, says the country has qualified for a World Bank loan of $2.25 billion. Edun spoke during a press conference held at the annual meetings of the International Monetary Fund…