Nigeria Remains Africa’s Largest Economy – World Bank

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 […]

World Bank Releases $1.5bn To Nigeria After Subsidy Removal, Tax Bills

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 […]

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

The Federal Government is targeting a $500m loan from the World Bank to tackle inadequate human resource issues in the […]

Posted on August 10, 2024August 10, 2024 by GISTSMATE MEDIA

The World Bank Group Finances has disclosed that the Nigerian government is still repaying $10.6billion in loans taken by former […]