Nigeria seeks fresh $1.5bn World Bank loan

  Nigeria has opened discussions with the World Bank for three new loans totalling $1.5bn, even as Nigeria’s public debt climbed to a record N166.79tn at the end of June…

FG, World Bank cancel $717m power scheme loan

  The federal government and the World Bank have agreed to cancel about $717.7 million in undisbursed financing under the power sector recovery operation (PSRO) programme. The cancellation was due…

Reject $1.08bn World Bank loan, probe missing N233bn in NBET, other funds, SERAP tells Tinubu

  Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to reject the recently approved $1.08bn World Bank loan and instead direct the Attorney General of the Federation…