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Nigeria: Inside Govt's Fresh $1.5bn World Bank Loan

[Daily Trust] The Federal Government is seeking $1.5bn in fresh financing from the World Bank to expand social protection, improve early childhood development and scale up climate-resilient…

  • Nigerian government seeks $1.5bn World Bank financing for social protection and climate resilience.
  • Financing comprises three $500m International Development Association credits.
  • Nigeria's public debt surged 47.61% in three years, raising World Bank exposure to $20.73bn.

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