Nigeria Seeks $1.5 Billion Loans from World Bank to Bolster Naira

The Nigerian government is actively pursuing a $1.5 billion loan from the World Bank to address the severe dollar shortage that has been contributing to the depreciation of the naira. Finance Minister Wale Edun disclosed the government’s intentions, stating that they are hoping to secure $1 billion to $1.5 billion from the World Bank for … Continue reading Nigeria Seeks $1.5 Billion Loans from World Bank to Bolster Naira