Connect with us

News

World Bank Grants Fresh $700m Loan To Nigeria

The fresh loan aims to offer extra financial resources to support the ongoing initiative named the Adolescent Girls.

Published

on

Nigeria's Inflation Rate
World Bank

World Bank grants fresh $700m loan to Nigeria. The new $700 million loan is to bolster education and empowerment initiatives for adolescent girls in Nigeria.

VerseNews reports that the fresh loan aims to offer extra financial resources to support the ongoing initiative named the Adolescent Girls Initiative for Learning and Empowerment.

The statement reads, “The World Bank approved additional financing of $700m for Nigeria to scale up the Adolescent Girls Initiative for Learning and Empowerment programme whose goal is to improve secondary education opportunities among girls in targeted states.

Advertisement

“The additional financing will scale up project activities from the current seven states to eleven additional states and increase the targeted beneficiaries to include out-of-school girls, those who are married, and those who have disabilities.”

Nigeria is struggling with a substantial number of out-of-school children, with estimates ranging from 12 million to 15 million in the school-age group. Many of these children are concentrated in Northern Nigeria.

Advertisement

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

Them nor born him papa well Arise TV anchor Rufai Oseni Them nor born him papa well Arise TV anchor Rufai Oseni
Politics3 hours ago

‘Them No Born Him Papa Well’: Arise TV Anchor Rufai Oseni Dares IGP to Reduce Seyi Tinubu’s Security (Video)

Arise TV host Rufai Oseni sparked online reactions after commenting on the Inspector General of Police during a heated discussion...

PASTOR ADEBOYE PASTOR ADEBOYE
News8 hours ago

‘I Know Myself’: Adeboye Shares Reason for Avoiding Female Secretaries

Pastor Enoch Adeboye says his decision to stop working with female secretaries for late-night duties is a personal precaution...

seyi tinubu convoy seyi tinubu convoy
Politics9 hours ago

‘Taxpayers’ Money in Motion’: Fresh Video of Seyi Tinubu’s Convoy Sparks Mixed Reactions After Soyinka’s Criticism (Video)

A newly circulating video of President Tinubu’s son moving with a large security convoy has triggered mixed reactions online...

repps repps
News11 hours ago

Reps Summon Nigerian Bank CEOs Over ‘Illegal’ Deductions From Customers’ Accounts

Bank chief executives have been ordered to appear in person before a House committee probing alleged unlawful charges...

Akpabio and Natasha Akpabio and Natasha
Politics12 hours ago

Senate Erupts in Sarcastic Laughter as Akpabio Announces Natasha’s Birthday Amid Ongoing Feud (Video)

Senators burst into laughter on Tuesday after Senate President Godswill Akpabio paused and chuckled while announcing Senator Natasha Akpoti-Uduaghan’s birthday...

nigerian air force nigerian air force
News12 hours ago

Nigerian Air Force Releases List of Eligible Applicants for 2025 Recruitment Aptitude Test

The Nigerian Air Force has released the list of eligible applicants for the 2025 Basic Military Training Course aptitude test.

accident accident
News16 hours ago

Final-Year AAU Student Dies in Convoy Crash After Signing-Out Celebration

A celebratory motorcade of final-year students marking their sign-out at Ambrose Alli University, Ekpoma, turned tragic when one of the...

SoyinkaVerseNews1 SoyinkaVerseNews1
Politics16 hours ago

‘Send Your Son, Not the Military to Stop Benin Coup’, Soyinka Berates Tinubu Over Seyi’s Heavy Security

Wole Soyinka has urged President Tinubu to rethink the heavy security assigned to his son, Seyi, warning that state protection...

malami abubakar malami abubakar
Politics16 hours ago

Malami Spends Night at EFCC Headquarters as Probe Deepens

Former Attorney-General Abubakar Malami stayed overnight at EFCC offices as investigators questioned him over multiple suspected financial dealings...

Senate Approves Death Penalty For Drug Traffickers Senate Approves Death Penalty For Drug Traffickers
Education1 day ago

Senate Queries  WAEC, Education Minister Over New SSCE Guidelines

Senate have raised concerns that sudden changes to SSCE subject requirements could cause mass failure in 2026, urging that the...

Advertisement