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PRESIDENT Bola Tinubu’s administration has begun negotiation for the World Bank’s $500 million loan targeted at supporting Nigeria’s micro-, small- and medium-scale enterprises (MSMEs). According to information available to Economy Post from the World Bank’s projects for Nigeria in 2025, Nigeria is currently in talks with the global lender to obtain the facility entitled,’Fostering Inclusive […]
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PRESIDENT Bola Tinubu’s administration has borrowed $3.754 billion from the World Bank alone in 2025, signifying the government’s rising growing appetite for foreign loans. According to Economy Post‘s analysis from the World Bank’s projects for Nigeria, the global lender has had 11 big projects for Nigeria this year, covering issues from sustainable agriculture and micro, […]
PRESIDENT Bola Tinubu government’s loans constitute 43 percent of Nigeria’s total public debt, which stood at N152.398 trillion as of June 2025. His administration’s debt ratio will likely rise by the time Nigeria’s debt stock is released in September, Economy Post can confirm. As of the time former President Mujammadu Buhari left office on May […]