Nigeria’s World Bank debt rising to $9.65bn

Loans from the World Bank to Nigeria between 2023 and 2025 are projected to reach $9.65bn by the end of this year as fresh approvals, ongoing negotiations, and disbursements gather pace across key sectors. The amount covers International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA) loans only, according to an analysis […]

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Many Nigerian celebrities are in debt ―Reality star, Jenni O

Former Big Brother Titans (BBT) reality TV star, biopharma, music connoisseur, podcast host, presenter and entrepreneur, Jenni Okoro, simply called Jenni O, has said many Nigerian celebrities have gone into debt trying to maintain expensive lifestyles to impress fans. She blamed the fans for their high expectations of celebrities, adding that a lot of celebrities […]

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Okonjo-Iweala got Nigeria out of debt, we are back in it –Buhari’s former minister (Video)

The deputy secretary-general of the United Nations (UN), Amina Mohammed, says the two-time minister of finance, Ngozi Okonjo-Iweala, spent years to get Nigeria out of debt. She, however, said the country was now back to worrying levels of debt. A video published by the International Monetary Fund, (IMF) on Wednesday shows Amina Mohammed, the immediate […]

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