The Federal Ministry of Arts, Culture, Tourism, and Creative Economy has introduced a new initiative aimed at supporting creatives and entrepreneurs with the launch of the Creative Economy Development Fund ...
The World Bank is considering the approval of $1.13 billion in loans for Nigeria before the end of March 2025, aimed at bolstering economic resilience, enhancing health security, and reforming ...
The World Bank plans to issue a $2.2 billion loan for Nigeria in 2025, which would be distributed over six development projects. According to the Washington-based banking institution, the funds ...
The World Bank has sanctioned a total of $1.57 billion in new loans to Nigeria, aimed at enhancing the country’s human capital and tackling climate change challenges. In a statement ...
The World Bank has revised a $350 million loan to Nigeria, aimed at ensuring the completion of seven key power plants in educational institutions, thereby strengthening the country's energy infrastructure. ...
Amid tight monetary policy and economic contractions, the loan portfolio of Nigeria's main deposit money banks increased by 57% to N37.17 trillion in 2023, up from N23.68 trillion in 2022. ...
Nigeria is set to receive a $1.05bn syndicated loan backed by oil from the African Export-Import Bank next month. The loan is part of a larger $3.3bn prepayment facility arranged ...
The Kenyan Government and the World Bank are currently engaging in negotiations, as the East African country seeks to borrow a $200 million loan to facilitate agriculture in the country. ...
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