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FG seeks fresh $1.5bn World Bank loan

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FG seeks fresh $1.5bn World Bank loan

28 Sep, 2026

 

The Federal Government has opened discussions with the World Bank for three new loans totalling $1.5bn, even as Nigeria’s public debt climbed to a record N166.79tn at the end of June 2026. Documents obtained from the World Bank show that the proposed financing comprises three separate $500m facilities for climate resilience, social protection and early childhood development...........................READ MORE