OECD

Upon receiving approval from the Nigerian government, a $3.45 billion loan has been authorized for financing critical power sector initiatives, as well as an education and resource mobilization initiative. Although the initiative is intended to stimulate progress within the nation, it has engendered apprehensions regarding the escalating national debt crisis. […]

The Bank of Agriculture, BOA, asserts that it is diligently working to recover the N243 million loan extended to 150 Kwara debtors between 2011 and 2024. In an interview with the News Agency of Nigeria on Monday in Ilorin, BOA Ilorin Branch Manager Dele Aderibigbe revealed this information. According to[…]

The World Bank has approved a new $700 million loan for Nigeria to improve the education and empowerment of adolescent girls, according to a statement published on its website on Friday. The new loan will provide additional funding for the Adolescent Girls Initiative for Learning and Empowerment, which is an[…]

The President of the African Development Bank, Akinwunmi Adeshina, announced on Tuesday that the institution will provide $25 billion for climate finance by 2050. During the second day of the momentous African Climate Summit, this announcement was made at the Kenyatta International Convention Centre in Nairobi, Kenya. The African Climate[…]