Breaking: Banga emerges World Bank President
The World Bank on Wednesday confirmed Ajay Banga as its next president, taking charge at a pivotal time for the development lender as it looks […]
World Bank
Nigeria’s debt to World Bank hits N6trn
Nigeria’s borrowing from the World Bank has risen by 121.46 per cent under the present government led by President Muhammadu Buhari. According to The PUNCH, […]
Nigeria’s new naira notes policy will worsen existing high inflation, rising fuel prices – World Bank reveals
The World Bank has warned that the newly redesigned naira which went into circulation last week may have adverse effects on the Nigerian economy and […]
In America, Pantami meets with Space X, World Bank, Google to strengthen Nigeria’s digital economy
The Honourable Minister of Communications and Digital Economy of Nigeria, Professor Isa Ali Ibrahim Pantami, had meetings at Space Exploration Technologies Corporation (Space X) headquarters […]
World Bank queries seven Nigerian firms, individuals
The World Bank has disclosed that it sanctioned seven Nigerian firms and individuals for corruption during its 2022 fiscal year. This disclosure was made in […]
FAO, IMF, WTO, World Bank raise alarm, demand urgent solution to food crisis
The Food and Agriculture Organisation (FAO), International Monetary Fund (IMF), World Bank Group (WBG), World Food Programme (WFP), and World Trade Organisation (WTO) want urgent […]
States receive N471.9 billion under World Bank SFTAS programme – FG
By Abdullahi M. GullomaAbuja The federal government Wednesday said N471.9 billion has been disbursed to state governments out of the $1.5 billion World Bank-assisted States […]
Nigeria is facing existential threat – World Bank warns
The World Bank has raised an alarm that Nigeria might be facing an existential threat due to its dwindling economy. The international financial institution opines that the dwindling […]
Pipeline vandalism: Buhari asks western allies to designate IPOB as terrorist group
He said the country needs long-term partnership — not inconsistency and contradiction on green energy policy — from the UK and European Union.
More Nigerians’ll slip into extreme poverty, World Bank warns
The World Bank has predicted that more people in Nigeria and its Sub-Saharan neighbours are expected to fall into extreme poverty. According to a report obtained […]
Buhari tasks World Bank, AfDB, others on support for One Planet Summit initiative, activates $19 billion fund
By Abdullahi Mohammed, Abuja President Muhammadu Buhari Monday in Abidjan urged the World Bank, African Development Bank and other partners to support the One Planet […]
World Bank suspends Nigerian firm, MD for bribery
The World Bank has sanctioned SoftTech IT Solutions and Services Ltd., a Nigerian information technology solutions company, and its Managing Director, Mr Isah Kantigi, for […]
War: World Bank Approves $723m For Ukraine
$723m (£551m) has been approved by the World Bank for Ukraine. The money approved as loans and grants is to support the country as it […]
Why Nigeria’s Inflation Rate May Be Among World’s Highest In 2022 – World Bank
The World Bank has said Nigeria may have one of the highest inflation rates globally in 2022, with increasing prices diminishing the welfare of Nigerian […]
The World Bank’s bad news about our economy, Dan Agbese
The bad news is that our national economy remains stubbornly defiant. Past and present efforts to solve its inherent historical problems and cure it of […]