BusinessNewsNigeriaWorld Bank Approves $2.25b Loan to Support Nigeria’s Economic Recovery
The World Bank has approved a US$2.25 billion loan for Nigeria to bolster economic stability and support vulnerable populations within the country. The loan will be used to provide immediate financial and technical support for Nigeria’s urgent economic stabilisation efforts and to enhance the country’s non-oil revenue generation and safeguard oil revenues. According to Ousmane Diagana, the World Bank Vice President for Western and Central Africa, “Nigeria’s concerted efforts to implement far-reaching macro-fiscal reforms place...









