The World Bank has approved an additional $65 million credit for Nigeria’s Sustainable Procurement, Environmental, and Social Standards Enhancement (SPESSE) project, increasing the total financing for the initiative to $145 ...
The Nigerian government is expected to lose US$4 million from a World Bank credit after failing to meet auditing standards for revenue reforms involving the Federal Inland Revenue Service and ...
The World Bank is poised to approve two new loans totaling $632 million for Nigeria on Monday, March 31, 2025. These loans aim to bolster critical sectors, specifically nutrition and ...
The World Bank has approved a $1.5 billion loan to Nigeria to support the federal government’s fuel subsidy removal and tax reform initiatives. This financing is part of the Reforms ...
The recently authorised $500 million World Bank loan will benefit at least 25 state governments, enhancing water resource management for irrigation and hydropower. As part of the Sustainable Power and ...
The Federal Government of Nigeria is negotiating a $500 million loan from the World Bank to improve basic education outcomes and reduce the number of out-of-school children. According to the ...
The National Sovereign Wealth Investment Authority (NSWIA) presently holds the N50 billion Presidential Infrastructure Development Fund (PIDF), which will be used in part to pay the planned 2024 budget, according ...
The World Bank has approved a $250 million International Development Association (IDA) credit for Ghana’s Financial Stability Project. This five-year initiative aligns with Ghana’s Financial Sector Strengthening Strategy (FSSS). Enhancing ...
World bank loan, the federal government has obtained a $500 million loan from the World Bank to support power distribution companies (DisCos). According to a statement issued yesterday in Abuja ...
In pursuit of securing a new $750m loan from the World Bank, the Federal Government may reintroduce previously suspended telecom tax and other fiscal measures. This is according to the ...
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