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    Tag: International Development Association

    Business

    FG cancels $717.7m undisbursed World Bank power sector intervention loan

    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. ...
    By TSJ Reporter 4May 26, 20260
    Business

    Nigeria retains position as World Bank’s 3rd largest borrower with $18.5bn debt exposure

    Nigeria, on Monday, May 25, retained its position as the third-largest borrower from the International Development Association (IDA), the concessional lending arm of ...
    By TSJ Reporter 4May 25, 20260
    Business

    World Bank approve $500m credit to boost Nigeria’s agriculture, food security

    The World Bank, on Thursday, April 2, approved a $500m International Development Association (IDA) credit to boost Nigeria’s agricultural sector under a new ...
    By TSJ Reporter 4April 2, 20260
    Business

    Oyo govt release N900m as counterpart funding for construction of 68km roads

    The Oyo state government on Wednesday, February 25, approved the release of N900 million as counterpart funding for the construction of 68km roads ...
    By TSJ Reporter 1February 25, 20260
    Politics

    Nigeria now global example of steady, credible reform leadership – World Bank chief declares

    World Bank chief, Anna Bjerde, on Tuesday, February 3, declared that Nigeria is now frequently cited globally as an example of steady, credible ...
    By TSJ Reporter 4February 4, 20260
    Business

    FG plan broadband internet connection for 55,675 public schools, health facilities under $500m World Bank-backed programme

    The federal government on Sunday, January 25, plans to connect 55,675 public schools and health facilities to broadband internet under a $500m World ...
    By TSJ Reporter 1January 25, 20260
    International News

    States hosting IDPs set to earn $12m from World Bank-backed loan

    States hosting Internally Displaced Persons (IDPs) on Wednesday, January 21, set to earn up to $12m from a World Bank–backed loan if they ...
    By TSJ Reporter 4January 21, 20260
    Business

    Nigeria’s borrowings from World Bank to reach $9.65bn amid growing sectoral approvals, disbursements

    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 ...
    By TSJ Reporter 1December 8, 20250
    Business

    World Bank to approve Nigeria’s new $1bn development policy financing loan

    The World Bank has set December 16 as the tentative date for approving a new $1 billion Development Policy Financing loan for Nigeria ...
    By TSJ Reporter 1November 2, 20250
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