By Yinka Kolawole, with agency report The World Bank has approved a fresh $1.25 billion financing package for Nigeria to support ongoing economic reforms, stimulate private investment and accelerate job creation. The funding, approved under the Nigeria Actions for Investment and Jobs Acceleration (NAIJA) programme, forms a key component of the World Bank’s new Country […]

The World Bank has approved a new $1.25bn loan for Nigeria, sparking public concern over the country's rising debt burden. This facility aims to accelerate

The financing will be directed toward developing capital markets, modernizing the digital economy and e-government, and expanding access to electricity