Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Defection: Kano Governor Storms Aso Rock For Closed-Door Meeting With Tinubu
    • Northern Elders Allege Investment Bias As FG Dismisses Lagos Gold Refinery Claims
    • Shettima Leads Nigerian Delegation To World Economic Forum In Switzerland
    • Federal Government Re-Arraigns Sowore On Two-Count Amended Charge
    • Residents Scoop Diesel As Tanker Falls On Liverpool Bridge In Lagos
    • FCTA, FCDA Workers Begin Strike Over ‘Unmet Demands’, Shut Down Operations
    • FG Opens Applications For 2026 Overseas Scholarships
    • Defection Without Guarantees: Kano Governor In Limbo As APC Shuts Door On 2027 Automatic Tickets
    Facebook X (Twitter) Instagram
    NEWS POINT NIGERIANEWS POINT NIGERIA
    • HOME
    • NEWS

      Defection: Kano Governor Storms Aso Rock For Closed-Door Meeting With Tinubu

      January 19, 2026

      Northern Elders Allege Investment Bias As FG Dismisses Lagos Gold Refinery Claims

      January 19, 2026

      Shettima Leads Nigerian Delegation To World Economic Forum In Switzerland

      January 19, 2026

      Federal Government Re-Arraigns Sowore On Two-Count Amended Charge

      January 19, 2026

      Residents Scoop Diesel As Tanker Falls On Liverpool Bridge In Lagos

      January 19, 2026
    • COLUMN

      Senator Bob On ‘The Burden Of Legislators In Nigeria’ – By Martins Oloja

      January 19, 2026

      Trending Events Amidst Governor Buni’s Yobe Achievements (3) – By Dr Hassan Gimba

      January 19, 2026

      The Needless Traditional Rulers Power Tussle In Yorubaland – By Kazeem Akintunde

      January 19, 2026

      Before Your Marriage Becomes A Crime Scene – By Funke Egbemode

      January 18, 2026

      Katsina’s Bandit Amnesty: Spitting On Soldiers’ Graves – By Jonathan Nda-Isaiah

      January 17, 2026
    • EDUCATION

      FG Names Prof. Adamu Acting Vice-Chancellor To Steer UniAbuja For Three Months

      August 9, 2025

      13 Countries Offering Free Or Low-Cost PhD Programmes For Non-Citizens

      January 25, 2025

      NECO: Abia, Imo Top Performing States In Two Years, Katsina, Zamfara Come Last

      October 3, 2024

      NBTE Accredits 17 Programmes At Federal Polytechnic Kabo

      August 20, 2024

      15 Most Expensive Universities In Nigeria

      May 19, 2024
    • INTERNATIONAL

      Israeli Attacks Wound Civilians Across Gaza In Latest Ceasefire Violations

      January 19, 2026

      Two High-Speed Trains Collide In Spain, Killing At Least 21

      January 19, 2026

      Ceasefire Frays More As Israel Continues To Kill Children, Civilians Across Gaza

      January 18, 2026

      Indonesia Searches For Missing Plane With At Least 11 On Board

      January 18, 2026

      Israeli Attacks Kill Several As Gaza Governance Committee Meets In Cairo

      January 17, 2026
    • JUDICIARY

      FULL LIST: Judicial Council Recommends Appointment Of 11 Supreme Court Justices

      December 6, 2023

      Supreme Court: Judicial Council Screens 22 Nominees, Candidates Face DSS, Others

      November 29, 2023

      FULL LIST: Judicial Commission Nominates 22 Justices For Elevation To Supreme Court

      November 16, 2023

      Seven Key Issues Resolved By Seven Supreme Court Judges

      October 26, 2023

      FULL LIST: CJN To Swear In Falana’s Wife, 57 Others As SANs November 27

      October 12, 2023
    • POLITICS

      What Peter Obi May Lose If He Joins Coalition As VP Candidate

      May 25, 2025

      Atiku Moves To Unseat Wike’s Damagum As PDP Chairman, Backs Suswam As Replacement

      April 15, 2024

      Edo’s Senator Matthew Uroghide, Others Defect To APC

      April 13, 2024

      Finally, Wike Opens Up On Rift With Peter Odili

      April 2, 2024

      El-Rufa’i’s Debt Burden: APC Suspends Women Leader For Criticising Kaduna Gov

      March 31, 2024
    • SPORTS

      ‘Arsenal Will Never Forgive Themselves If They Don’t Win Title Now’

      January 19, 2026

      Manchester United Claim a Memorable Derby Victory Over City In Carrick’s First Game

      January 18, 2026

      City Sign Palace Captain Guehi For £20m Hours Before Manchester Derby

      January 17, 2026

      WAFCON 2026: Defending Champions, Super Falcons Drawn Against Zambia, Egypt, Malawi

      January 16, 2026

      Arsenal Take EFL Cup Semi-Final Advantage But Garnacho Gives Chelsea Hope

      January 15, 2026
    • MORE
      • AFRICA
      • ANALYSIS
      • BUSINESS
      • ENTERTAINMENT
      • FEATURED
      • LENS SPEAK
      • INFO – TECH
      • INTERVIEW
      • NIGERIA DECIDES
      • OPINION
      • Personality Profile
      • Picture of the month
      • Science
      • Special Project
      • Videos
      • Weekend Sports
    NEWS POINT NIGERIANEWS POINT NIGERIA
    Home - World Bank Approves Fresh $700m Loan For Nigeria

    World Bank Approves Fresh $700m Loan For Nigeria

    By Binta KabirSeptember 23, 2023
    A wb
    World Bank on glass building. Mirrored sky and city modern facade. Global capital, business, finance, economy, banking and money concept 3D rendering animation.

    THE World Bank has approved a fresh $700m loan for Nigeria to enhance adolescent girls’ learning and empowerment.

    BORNO PATRIOTS

    It disclosed this in a statement published on its website on Friday.

    The new loan is to provide additional funds for an ongoing project known as the Adolescent Girls Initiative for Learning and Empowerment.

    Silk

    The statement read, “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.

    “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.”

    It was noted that Nigeria had over 12 million to 15 million out of school children in the school- age group, with many of them in Northern Nigeria.

    It was also noted that an estimated one million children were affected by increased insecurity around schools in 2020-2021.

    The statement added, “In the seven AGILE programme implementing states – Borno, Ekiti, Kaduna, Kano, Katsina, Kebbi, and Plateau – the number of girls in secondary schools has increased from about 900,000 to over 1.6 million.

    “Under the programme, over 5,000 classrooms have been renovated and over 250,000 eligible girls have received scholarships.

    Nigerian TAX Reform - Federal Goverment

    “The AGILE programme has supported construction and rehabilitation of WASH facilities in secondary schools and the installation of computers and solar panels which make attending school more convenient and conducive for both girls and boys. Life skills, systems strengthening, and advocacy are other key aspects of the program which address social norms impeding girls’ education.”

    The World Bank Country Director for Nigeria, Shubham Chaudhuri, stated that, “Closing the gender gaps in economic empowerment by ensuring girls have access to education and skills is key for Nigeria’s development and economic prosperity.

    “Nigeria’s working population will soon be one of the youngest and largest around the world, which means that investing in adolescent girls is imperative when addressing overall economic prospects and growth.”

    National Orientation Agency Page UP
    National Orientation Agency - Down

    The statement noted that aside from the girls that would benefit from the financing, others included over 15 million students and beneficiaries, such as teachers, administrators, families, communities, and staff in existing and newly constructed schools.

    It added that the new fund would push the project to 18 states and help Nigeria to achieve better education and health outcomes for girls.

    Loan World Bank
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email

    Related Posts

    Defection: Kano Governor Storms Aso Rock For Closed-Door Meeting With Tinubu

    January 19, 2026

    Northern Elders Allege Investment Bias As FG Dismisses Lagos Gold Refinery Claims

    January 19, 2026

    Shettima Leads Nigerian Delegation To World Economic Forum In Switzerland

    January 19, 2026

    Federal Government Re-Arraigns Sowore On Two-Count Amended Charge

    January 19, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    Defection: Kano Governor Storms Aso Rock For Closed-Door Meeting With Tinubu

    January 19, 2026

    Northern Elders Allege Investment Bias As FG Dismisses Lagos Gold Refinery Claims

    January 19, 2026

    Shettima Leads Nigerian Delegation To World Economic Forum In Switzerland

    January 19, 2026

    Federal Government Re-Arraigns Sowore On Two-Count Amended Charge

    January 19, 2026

    Residents Scoop Diesel As Tanker Falls On Liverpool Bridge In Lagos

    January 19, 2026
    Advertisement
    News Point NG
    © 2026 NEWS POINT NIGERIA Developed by ENGRMKS & CO.
    • Home
    • About us
    • Disclaimer
    • Our Advert Rates
    • Privacy Policy
    • Terms of Use

    Type above and press Enter to search. Press Esc to cancel.

    Join Us On WhatsApp