The World Bank has approved a $1.25 billion loan for Nigeria, backing the country's Nigeria Actions for Investment and Jobs Acceleration programme.
The decision proceeds despite mounting public concern over the nation's rising debt burden and broader fiscal pressures.
1 billion in emergency financing for Bangladesh to stabilize its economy against price volatility.
The funding is designed to support economic activity and job creation in Africa's largest economy.
It arrives as the World Bank continues to deploy capital across emerging markets facing external shocks, having recently authorized $1.1 billion in emergency financing for Bangladesh to stabilize its economy against price volatility.
For investors, the loan underscores the continued reliance of major emerging economies on multilateral lending to sustain growth amid structural challenges.
The programme aims to improve the investment climate and accelerate job creation, key metrics for long-term economic stability in the region.