FG Seeks Fresh $500 Million World Bank Loan

Posted on November 9, 2026November 9, 2026 by GISTSMATE MEDIA

The Federal Government is seeking a fresh $500m loan from the World Bank to establish an infrastructure financing platform, with […]

Tinubu Withdraws $20.5bn Borrowing Plan, Asks N’assembly To Approve Fresh $7.7bn Loan Request

Posted on November 4, 2026November 4, 2026 by GISTSMATE MEDIA

President Bola Tinubu has asked the national assembly to approve fresh external borrowing of about $7.7 billion to part-finance the […]

Posted on September 28, 2026September 28, 2026 by GISTSMATE MEDIA

The Federal Government has opened discussions with the World Bank for three new loans totalling $1.5bn, even as Nigeria’s public […]

Posted on July 21, 2026July 21, 2026 by GISTSMATE MEDIA

The Minister of Finance has explained why the Federal Government continues to borrow despite reports that some revenue-generating agencies have […]

Posted on July 1, 2026July 1, 2026 by GISTSMATE MEDIA

The World Bank has approved a fresh $1.25 billion loan for Nigeria under its Nigeria Actions for Investment and Jobs […]

Posted on May 18, 2026May 18, 2026 by GISTSMATE MEDIA

In a rare and telling development, the official Instagram account of the World Bank Group was forced to limit comments […]

Posted on May 12, 2026May 12, 2026 by GISTSMATE MEDIA

The Federal Government is currently in talks with the World Bank for a new $1.25 billion loan, according to a […]

Posted on April 24, 2026April 24, 2026 by GISTSMATE MEDIA

The Emir of Kano, Muhammadu Sanusi II, has raised fresh concerns over Nigeria’s fiscal direction, questioning the Federal Government’s continued […]

Posted on April 23, 2026April 23, 2026 by GISTSMATE MEDIA

President Bola Tinubu on Thursday, asked the Senate to approve a fresh external loan of about 516 million dollars. This […]

Posted on March 31, 2026March 31, 2026 by GISTSMATE MEDIA

President Bola Tinubu has requested the approval of the House of Representatives to obtain a $5 billion external loan from […]