World Bank approves $1.57b loan to support Nigeria's development efforts The World Bank has officially approved three loan requests totaling $1.57 billion for Nigeria, according to a statement released on Monday. This substantial financial backing is intended to strengthen the Federal Government’s initiatives focused on improving human capital, specifically through enhanced health services for women, children, and adolescents. Moreover, the approved projects aim to increase resilience against the impacts of climate change, addressing challenges like floods and droughts by upgrading dam safety and irrigation systems. READ ALSO: ‘Probe $1.5bn World bank loan to states,...