the World Bank

Nigeria Receives An Economic Lifeline Of $2.25bn From World Bank

Jun 14, 2024.Jun 14, 2024. by Ekohot Editor

Eko Hot Blog reports that the minister of finance and coordinating minister of the economy Wale Edun, announced that the World Bank has approved two major “financial support packages” for Nigeria, totaling $2.25 billion. According to a statement on Thursday, this is part of President Tinubu’s ongoing efforts to stabilise the economy, reposition it for … Read more

JUST IN: Buhari Writes Reps, Requests Fresh $5.513bn Loan

May 28, 2020. by Ekohot Editor

President Muhammadu Buhari writes Reps, requests fresh $5.513bn loan. The Federal Government is to borrow a sum of $5.513 billion from external sources to finance the revised 2020 appropriation and support state government meet their challenges occasioned by COVID-19. In a letter to the House of Representatives, President Muhammadu Buhari sought the approval of the … Read more