World Bank delay $1.5 billion loan to Nigeria

Nigerian Stock Exchange Forum
World Bank Delays Giving Nigeria $1.5 Billion Loan The World Bank has delayed in approving the long-anticipated $1.5 billion loan for Nigeria as scheduled in August due to concerns raised over reforms, according to people familiar with the matter. The World Bank said it was not convinced about the economic state of Nigeria as the country heads towards its greatest financial crises in 40 years. It was reportedly stated that Nigeria’s representatives were supposed to… World Bank delay $1.5 billion loan to Nigeria
Source: World Bank delay .5 billion loan to Nigeria

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