World Bank Approves Fresh $500 Million Loan To Nigeria For Economic Stimulus Program

Posted on March 30, 2025March 30, 2025 by GISTSMATE MEDIA

The World Bank has approved a $500 million loan to Nigeria to support the country’s Community Action for Resilience and […]

World Bank To Approve $2.2 Billion Loan For Nigeria In 2025

Posted on February 26, 2025February 26, 2025 by GISTSMATE MEDIA

The federal government is expected to receive new loans from the World Bank, totalling $2.2 billion in 2025. According to […]

Posted on February 16, 2025February 16, 2025 by GISTSMATE MEDIA

The Federal Government has engaged the World Bank for a fresh $300m loan to strengthen Nigeria’s health security infrastructure. Information […]

Posted on February 7, 2025February 7, 2025 by GISTSMATE MEDIA

The World Bank’s Country Director for Nigeria, Dr. Ndiame Diop, has confirmed that Nigeria remains the largest economy in Africa […]

Posted on December 30, 2024December 30, 2024 by GISTSMATE MEDIA

The World Bank has released a $1.5bn loan to Nigeria following the Federal Government’s implementation of a few of its […]

Posted on October 18, 2024October 18, 2024 by GISTSMATE MEDIA

As much as $41 billion in World Bank climate finance is unaccounted for, according to Oxfam International. In a […]

Posted on October 16, 2024October 16, 2024 by GISTSMATE MEDIA

The naira is one of the worst-performing currencies in Sub-Saharan Africa for 2024. According to the latest edition of Africa’s […]

Posted on September 30, 2024September 30, 2024 by GISTSMATE MEDIA

GISTSMATE MEDIA reports that the World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. According […]

Posted on September 6, 2024September 6, 2024 by GISTSMATE MEDIA

GISTSMATE MEDIA reports that the Federal Government has begun a process to obtain a fresh $2bn loan from the World […]

Posted on September 4, 2024September 4, 2024 by GISTSMATE MEDIA

Nigeria is the third-largest debtor to the World Bank’s International Development Association as of June 30, 2024, following a significant […]