Nigeria Secures $2.6bn World Bank Loans in 2025 for Key Development Sectors
Nigeria obtained $2.6bn in loans from the World Bank in 2025 to support critical sectors such as human capital development, digital infrastructure, and health security. This loan is part of efforts to address the country's external debt, which stood at $47bn in June 2025.
The funds will also target areas like supporting displaced persons, enhancing small business access to finance, and improving education quality. The World Bank approved various packages, including a $1.08bn human capital support package and a $500m health security program for Western and Central Africa, with a focus on Nigeria.
These initiatives aim to strengthen various systems and services to enhance economic opportunities and resilience, particularly in regions like Northern Nigeria.
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