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Nigeria’s $1.5bn Loan Request Approved By World Bank

The World Bank has approved Nigeria’s loan request of $1.5 billion, as Africa’s most populous nation and largest economy battles a coronavirus-induced recession. In a statement issued on Tuesday, December 15, the Bretton Woods institution said the loan facility is a five-year Country Partnership Framework (CPF) that will last till 2024. …

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Banana Island In Lagos Is A Billionaire’s Paradise

The newly built community on the water houses some of the nation’s wealthiest people, and expats, too . Banana Island, which is Nigeria’s answer to Paris’s Seventh Arrondissement, San Diego’s La Jolla, New York City’s Tribeca and Tokyo’s Shibuya and Roppongi, is a small man-made island in the Ikoyi neighborhood …

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