Dollar Crisis: Nigeria Approaches World Bank for $1.5 Billion Loan

Dollar Crisis: Nigeria Approaches World Bank for $1.5 Billion Loan

Nigeria’s Minister of Finance, Wale Edun, has said that Nigeria has approached the World Bank for up to $1.5 billion in funding to alleviate a severe dollar shortage. The Coordinating Minister of the Economy said that the move would support the national budget as the severe dollar shortage has contributed to the Naira’s steep decline. […]

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