Heritage bank closure freezes $5.7m world bank fund for Yobe

Promptnewsonline | 01-06-2025 07:13pm |

The recent revocation of Heritage Bank’s operating licence by the Central Bank of Nigeria has led to the freezing of $5.7 million in World Bank funds allocated to Yobe State, hindering progress on critical development projects in the region. The affected funds were part of the Multi-Sectoral Crisis Recovery Project (MCRP), a World Bank-supported initiative [...]

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