The World Bank has uncovered $32 million in unaccounted funds in Nigeria’s water project, raising concerns over likely embezzlement and mismanagement. This was disclosed in the...
An erstwhile Chairman of the Independent National Electoral Commission, INEC, Prof. Attahiru Jega, has urged the Nigerian government not to take every advice offered by the...
The Nigerian Naira is among the worst-performing currencies in sub-Sahara Africa at the end of August 2024. The World Bank disclosed this in its latest edition...
Wale Edun, the minister of finance and coordinating minister of the economy, has announced the approval of two major “financial support packages” by the World Bank...
The World Bank has said the federal government may still be paying for petrol subsidy as fuel prices in Nigeria are currently not cost-reflective. It said...
Twenty-year-old, Morenikeji Adebanjo, from Ogun State has emerged the overall best student at the 10th Convention Ceremony of Baze University. Speaking during the convocation ceremony of...
President Tinubu has approached the World Bank for a fresh $400m Loan as Nigeria remains unbeatable on the borrowers’ list. JomogNews reports that President Bola Tinubu...
The Washington-based World Bank has appointed Ajay Banga as its new President. The World Bank confirmed that Banga, who had a decade-long career in Mastercard, would...
The World Bank has raised an alarm about the negative effect the Naira redesign will have on Nigeria’s economic activity. In a new report titled “Nigeria...