World Bank Loan Boosts Nigeria’s Foreign Reserves by $1.4 Billion
Nigeria’s foreign reserves increased by $1.4 billion in June, reaching $34.14 billion, according to data from the country’s Central Bank.…
Tag: Billion
AfDB Eyes Further Boost for Africa’s Infrastructure After Investing $50+ Billion in 9 Years
The African Development Bank (AfDB) has invested $50 billion in African infrastructure over the past nine years, according to President…
Africa Needs $6 Billion Annually to Bridge Digital Divide
The International Financial Corporation (IFC) has revealed that Africa must double its digital infrastructure spending to $6 billion annually to…
Southern Africa Leaders Appeal for $5.5 Billion to Cushion El Niño Effects
Southern Africa leaders have appealed for $5.5 billion in aid from the international community to combat the effects of El…
Nigeria Raises Approximately $3 Billion of $4 Billion Domestic Borrowing Target
Nigeria’s federal government has successfully raised approximately $3 billion (N4.5 trillion) out of its $4 billion (N6 trillion) domestic borrowing…