The federal government is expected to receive new loans from the World Bank, totalling $2.2 billion in 2025. According to […]
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FLASH: FG Seeks Fresh $300 Million Loan From World Bank
The Federal Government has engaged the World Bank for a fresh $300m loan to strengthen Nigeria’s health security infrastructure. Information […]
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Nigeria Remains Africa’s Largest Economy – World Bank
The World Bank’s Country Director for Nigeria, Dr. Ndiame Diop, has confirmed that Nigeria remains the largest economy in Africa […]
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World Bank Releases $1.5bn To Nigeria After Subsidy Removal, Tax Bills
The World Bank has released a $1.5bn loan to Nigeria following the Federal Government’s implementation of a few of its […]
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$41 Billion Unaccounted For In World Bank – Oxfam
As much as $41 billion in World Bank climate finance is unaccounted for, according to Oxfam International. In a […]
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Naira Among Worst Performing Currencies In 2024 – World Bank
The naira is one of the worst-performing currencies in Sub-Saharan Africa for 2024. According to the latest edition of Africa’s […]
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BREAKING: World Bank Approves $1.57 Billion Loan For Nigeria
GISTSMATE MEDIA reports that the World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. According […]
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JUST-IN: FG Seeks Fresh $2 Billion Loan From World Bank
GISTSMATE MEDIA reports that the Federal Government has begun a process to obtain a fresh $2bn loan from the World […]
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Nigeria Becomes World Bank’s IDA Third-largest Debtor, Owes $16.5 Billion
Nigeria is the third-largest debtor to the World Bank’s International Development Association as of June 30, 2024, following a significant […]
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FG Eyes $500m World Bank Loan To Boost Education, Health Sectors
The Federal Government is targeting a $500m loan from the World Bank to tackle inadequate human resource issues in the […]
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