NIGERIA — The World Bank has granted a fresh $700m loan to strengthen education and empowerment programs for teenage girls in Nigeria..
Per the statement, Nigeria had over 12 million to 15 million out-of-school children in the school-age group, with many of them in Northern Nigeria..
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Mon Jun 02 2025 23:02:11 GMT+0000 (Coordinated Universal Time)
• Copper price hits $10,000 • Nigerian Naira becoming the most unpredictable currency • Trump imposes sanctions on China, and more - Monday 24/March/2025 Top Business Headlines
• Nigeria has secured at least $1.25 billion in loans from the World Bank and AfDB to boost electricity supply under Tinubu
• Lagos Court has authorised GTBank to take over Afex Commodities Exchange over N17,808,452,467.107 loan
• CBN has reduced deposit money banks’ Loan-to-Deposit Ratio, LDR, to 50 per cent from 65 per cent to boost lending capacity
• Federal Government has deducted over N415bn from state government allocations to service external loans, according to reports
• World Bank Country Director says Nigeria has no choice but to borrow $800m for 2023 budget deficit
The World Bank has granted a fresh $700 million loan for empowerment programs in Nigeria
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Published (Updated) on Tuesday, October 24, 2023
• Copper price hits $10,000 • Nigerian Naira becoming the most unpredictable currency • Trump imposes sanctions on China, and more - Monday 24/March/2025 Top Business Headlines
• Nigeria has secured at least $1.25 billion in loans from the World Bank and AfDB to boost electricity supply under Tinubu
• Lagos Court has authorised GTBank to take over Afex Commodities Exchange over N17,808,452,467.107 loan
• CBN has reduced deposit money banks’ Loan-to-Deposit Ratio, LDR, to 50 per cent from 65 per cent to boost lending capacity
• Federal Government has deducted over N415bn from state government allocations to service external loans, according to reports
• World Bank Country Director says Nigeria has no choice but to borrow $800m for 2023 budget deficit
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