The World Bank has approved a $1.25 billion loan for Nigeria to support economic reforms and job creation. This funding is part of a new Country Partnership Framework covering 2026-2032, aimed at promoting private sector-led growth and improving living standards.
The World Bank approved a $1.25 billion loan to Nigeria to support economic reforms and job creation, despite public concerns over the country's rising debt. The loan is part of a new partnership framework aimed at fostering private sector-led growth from 2026 to 2032.
The World Bank approved a $1.25 billion loan for Nigeria to support economic reforms and job creation. The loan aims to enhance private sector growth and improve living standards amid concerns over previous borrowing not translating into tangible benefits.
