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Nigeria To Borrow $1.5bn From World Bank As Budget Support Loan – Finance Minister

By Ayo Yusuf Despite a burgeoning debt profile, the federal government is on the verge of obtaining a $1.5billion budget support facility from the World...

News

Buhari’s $800m World Bank Loan Request And Revenue Generation Imperatives

By Agency Report President Muhammadu Buhari recently sent a request to the National Assembly to approve 800 million dollars loan meant to cushion effect of...

Opinion

The Age of Energy Insecurity

How the Fight for Resources Is Upending Geopolitics By Jason Bordoff and Meghan L. O’Sullivan As recently as 18 months ago, many policymakers, academics, and pundits...

News

Prosper Africa To Invest $274m In Affordable Housing Across West Africa

The U.S. Government’s Prosper Africa initiative has announced the close of $274 million in long-term financing for West Africa’s rapidly growing housing sector. This is...

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Danger Signals As Nigeria, India, Pakistan, Others Top World Bank Debtors’ List

Nigeria’s rising debt profile became more worrisome as the country has found itself in the top half of the World Bank’s top 10 International...

Business

Amid Covid-19, Crash In Oil Prices, Nigeria Receives $3bn World Bank lifeline

In a bid to help address the country's economic crisis, the two-tranche financial support of $1.5 billion each is coming to Nigeria from the...

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