FG Scraps $717m World Bank Power Loan as Blackouts Persist
The Federal Government of Nigeria has mutually agreed with the World Bank to cancel $717.7 million in undisbursed funding, effectively ...
Tag: World Bank
World Bank Detects $32m Unaccounted Funds In Nigeria’s Water Project
The World Bank has uncovered $32 million in unaccounted funds in Nigeria’s water project, raising concerns over likely embezzlement and ...
Anti-People Policies: Don’t Do Everything IMF, World Bank Ask You To – Jega Tells Tinubu
An erstwhile Chairman of the Independent National Electoral Commission, INEC, Prof. Attahiru Jega, has urged the Nigerian government not to ...
Naira Among Worst Performing Currencies In Africa – World Bank
The Nigerian Naira is among the worst-performing currencies in sub-Sahara Africa at the end of August 2024. The World Bank ...
World Bank Approves $2.25bn For Nigeria To Stabilise Economy
Wale Edun, the minister of finance and coordinating minister of the economy, has announced the approval of two major “financial ...
Stop Subsidy Payment, Increase Petrol Price To N750/Litre, World Bank Tells FG
The World Bank has said the federal government may still be paying for petrol subsidy as fuel prices in Nigeria ...
Convocation: 20-Year-Old Emerges Overall Best Student At Baze University
Twenty-year-old, Morenikeji Adebanjo, from Ogun State has emerged the overall best student at the 10th Convention Ceremony of Baze University. ...
President Tinubu Seeks Fresh $400m World Bank Loan
President Tinubu has approached the World Bank for a fresh $400m Loan as Nigeria remains unbeatable on the borrowers’ list. ...
World Bank Elects US Nominee Ajay Banga President
The Washington-based World Bank has appointed Ajay Banga as its new President. The World Bank confirmed that Banga, who had ...
Naira Redesign Will Affect Poor Nigerians, SMEs — World Bank
The World Bank has raised an alarm about the negative effect the Naira redesign will have on Nigeria's economic activity. ...
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