NIGERIA’S WORLD BANK LOANS TO REACH $9.65BN IN 2025.(PHOTO).
Nigeria’s World Bank Loans to Reach $9.65bn in 2025 Nigeria’s World Bank debt is set to hit $9.65bn by year-end, with total support including grants at $9.77bn, funding projects in health, education, power, and digital infrastructure. Loans rose from $2.7bn in 2023 to $4.25bn in 2024, before easing to $2.7bn in 2025, with IDA loans totaling $7.3bn and IBRD loans $2.35bn. Grants over three years reached $122m. Economists warn rising debt could strain finances if not paired with stronger revenue mobilisation. The World Bank accounts for 41% of Nigeria’s $46.98bn external debt.
It was a harvest of medals at the just concluded National Youth Games at the University of Ilorin,Kwara State,as Team Anambra won 8 medals in ten events.The state team participated in the events alongside their counterparts from other States in the federation,including FCT.However,the team won a total of 7 Gold medals,3 Silver medals and 8 Bronze medals.In the game of chess,the State team came out the overall best/first in the event with 4 Gold medals and one Silver medal.The State Female Cricket team emerged winner/first in the game of Cricket after beating their Akwa-Ibom counterpart by 7 crickets.The State Wrestling team came second in the tournament with one gold,one silver and one bronze medals out of 3 medals for the wrestling event.However,sequel to the wonderful performance by the Chess team,Ikegbunam Helen who won 3 gold medals and Omesu Miracle who won 2 Gold and one silver medals have been selected for National camp.While the team will represent Nigeria at the African Youth Championship in Tunisia,come December 20
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