Nigeria's leading finance and market intelligence news report.

Nigeria seeks $3bn facility from World Bank for power sector development

... Says inflation rate not high at 11.2%

The Federal Government is proposing $3 billion facility from the World Bank for the power sector development programme. This is a 20 percent increase from the earlier $2.5 billion proposed by the Government. Zainab Ahmed, finance minister, disclosed this in an interview with journalists on the sideline of the ongoing International Monetary Fund (IMF) and…

Join the BusinessDay Inner Circle to read exclusives and gain insights for N1000/month

Get real time updates directly on you device, subscribe now.

Comments are closed, but trackbacks and pingbacks are open.