The federal government on Tuesday, May 26, cancelled $717.7 million in undisbursed World Bank intervention loans designed to revive Nigeria’s struggling power sector. ...

Nigeria announced on January 11 its plans to channel $460m representing about 92 per cent of a $500m World Bank loan into the ...

Nigeria’s borrowings from the World Bank between 2023 and 2025 are expected to reach $9.65bn by the end of this year, amid growing ...