Tag: FG Seeks $1.5bn Loans From World Bank To Shore Up Naira

  Nigeria is seeking $1.5bn aid from the World Bank to tackle the severe dollar shortage contributing to the decline of the naira.   “We’re hoping to get $1bn or $1.5bn from the World Bank” for budgetary support, Finance Minister Wale Edun said Wednesday to Bloomberg. According to the minister, Africa’s largest economy may also…