Tags: $1.5 billion loan

World Bank Finally Approves $1.5b Loan For Nigeria

The World Bank on Tuesday finally confirmed the approval of $1.5 billion loan to Nigeria aimed at boosting the country’s efforts in reducing poverty. A statement by the World Bank country director for Nigeria, Shubham Chaudhuri said the approved loan facility has a five-year tenure which will run between 2021 and 2024. The institution added…