The World Bank has agreed to give Nigeria a $2.5bn loan to support the budget.
According to leading economic website, Business Day, the first tranche of $1.5bn will be released following Forex reforms by the Central Bank of Nigeria.
BREAKING: @WorldBank agrees to $2.5bn #budget support for Nigeria. First tranche of $1.5bn tied to CBN reform of FX market via @MyBankRateNG
— BusinessDay Media (@BusinessDayNg) February 15, 2017
Dolapo is a writer and journalist who works with YNaija. He has interests in Christianity, politics and sports.
why will Nigeria go for loan, for what reason.hmm!
we are finished