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Foreign Exchange Has Improved: World Bank Speaks on Supplying Dollar to Nigeria [Video]

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  • A report from the World Bank found that Nigeria’s economy may now grow with the support of over $15 billion in investment
  • This is as it recently approved a $2.25 billion loan to aid Nigeria’s most disadvantaged citizens
  • The funding is expected to support fiscal sustainability and allow for the provision of high-quality public services

Legit.ng journalist Zainab Iwayemi has over three years of experience covering the Economy, Technology, and Capital Market.

The World Bank has said that it now has more than $15 billion in funding and technical advice available to help Nigeria’s economy expand.

The aim of the recent World Bank funding initiative is to protect and increase the nation’s non-oil revenue generation.Photo Credit: World Bank, Phil AshleySource: Getty Images

The international lender said this in a feature article titled “Turning The Corner: Nigeria’s Ongoing Path of Economic Reforms” on its website on Friday.

The bank revealed that it had invested in renewable energy and dependable …

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