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W’Bank to approve Nigeria’s $632m loan request today

Summary by Punch Newspapers

The World Bank is set to approve fresh loans totalling $632m to Nigeria today (Monday) amid mounting concerns over the country’s rising debt profile, The PUNCH reports.

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W’Bank to approve Nigeria’s $632m loan request today

The World Bank is set to approve fresh loans totalling $632m to Nigeria today (Monday) amid mounting concerns over the country’s rising debt profile, The PUNCH reports.

2 days ago

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brandeconomy.com.ng

LCCI outlines strategy for Nigeria to maximize $500m World Bank loan

The Lagos Chamber of Commerce and Industry (LCCI) has outlined strategic approaches aimed at maximising the benefits of the $500 million loan by the World Bank to Nigeria while mitigating associated risks. The Director General, LCCI, Dr Chinyere Almona, made this known on Tuesday in Lagos in reaction to the approval of the loan by …

10 hours ago

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streetsofkante.com

World Bank Approves $632 Million in Loans to Boost Nigeria’s Nutrition and Education Sectors

The World Bank has approved two new loans totaling $632 million to support key sectors in Nigeria, focusing on nutrition improvement and access to quality basic education. This development aligns with the World Bank’s ongoing efforts to assist Nigeria in achieving its broader development objectives, particularly in healthcare, education, and economic resilience. According to information published on the World Bank’s website, the funding consists…

13 hours ago

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techeconomy.ng

Nigeria Emerges Affordable Education Destination, Attracts Foreign Students – Report - Tech

As global interest in studying abroad continues to grow, the Spring 2025 edition of ApplyBoard’s Student Pulse Survey provides valuable insights into the evolving preferences of international students. With nearly 850 participants from 84 countries—including 469 respondents from 29 African nations—the survey highlights key trends shaping study destination choices, the increasing importance of affordability, and Nigeria’s growing appeal as an em…

18 hours ago

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tv360nigeria.com

World Bank Set to Approve $632 Million in Loans for Nigeria Amid Rising Debt Concerns - TV360 Nigeria

The World Bank is poised to approve $632 million in loans to Nigeria on Monday, despite ongoing concerns over the country’s increasing debt profile. The new loans are aimed at supporting critical sectors such as nutrition and education. According to information obtained from the World Bank’s official website, the two loans up for approval today are part of a broader strategy to address key developmental challenges in the country. The first loan,…

2 days ago

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Legit.ng - Nigeria news.

World Bank approves 2 new loans for Nigeria as debt under Tinubu hits new high

The Nigerian government is poised to receive about $635 million from the World Bank to bring Nigeria's total loan from the bank under Tinubu to $9.25 billion.

2 days ago·Ikeja, Nigeria

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