World Bank Loan: Nigeria Seeks $1.25bn Facility as Debt Concerns Mount

By: Abudu Olalekan Nigeria’s $1.25bn World Bank loan negotiations enter final stage. Reportersroom analysis reveals debt implications, AGF warnings, and expert concerns ahead of June 2026 approval. So here’s the thing—Nigeria’s government is back at the World Bank’s door. Again. This time, they’re asking for $1.25 billion. And from what Reportersroom has learned, this isn’t…

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Iran peace terms: Trump rejects deal as oil prices jump

By: Abudu Olalekan President Donald Trump has flat-out rejected Iran’s conditions for ending the war in the Middle East, calling Tehran’s response “totally unacceptable.” And almost immediately, the oil market flinched. Prices shot up in early Asian trading on Monday. Iran, for its part, had responded on Sunday to Washington’s latest peace push, but with…

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