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world-bank-nigeria-loan Business

Nigeria in Talks With World Bank for $1.25bn Loan to Boost Investment and Jobs

The Federal Government is in advanced talks with the World Bank for a fresh $1.25 billion loan, and the deal is closer t…

Amina Garba · May 12, 2026 · 2 min read
nigeria-worldbank-debt-2026 Business

Nigeria’s World Bank Debt Rose by $2.08bn in 2025, Now Stands at $19.89bn

Nigeria’s debt to the World Bank grew by $2.08 billion in a single year, reaching $19.89 billion as of December 31…

Amina Garba · May 2, 2026 · 2 min read
senate-chamber-loan Politics

Both Chambers Approve: Senate Clears Tinubu’s $516m Loan for Sokoto–Badagry Superhighway

The Nigerian Senate on Wednesday approved President Bola Tinubu’s $516.3 million syndicated loan for the construct…

Tunde Bakare · Apr 29, 2026 · 2 min read
borrowing-plan-budget Business

Nigeria’s Borrowing Plan Jumps ₦11.3 Trillion as Deficit Widens to ₦31.5 Trillion

The Federal Government has raised its 2026 borrowing plan by ₦11.31 trillion — from ₦17.89 trillion to ₦29.20 tr…

Amina Garba · Apr 13, 2026 · 2 min read

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