Russia-Ukraine war hitting Nigeria, others – World Bank
By BENJAMIN ORISEMEKE, Abuja – The economy of Europe and Central Asia is expected to shrink by 4.1 percent this year, compared with the pre-war […]
world bank
MTN tasks SMEs on use of data to access capital
Mr Olutokun Toriola, Chief Executive Officer, MTN Nigeria, has urged Small and Medium Enterprises (SMEs) to use the data presented to them through telecommunication companies […]
World Bank projects Nigeria’s growth to strengthen by 2.5% in 2022
As the global economy enters a pronounced slowdown amid fresh threats from COVID-19 variants and others, Nigeria’s growth is projected to strengthen to 2.5 per […]
COVID-19 variants, rising debt, threaten global economic growth – World Bank
Global growth will slow down over the next two years in the face of “fresh threats” from COVID-19 variants and rising inflation, debt and income […]
Reps approve Buhari’s request for $5.8bn loan, $10m grant
The House of Representatives has approved President Muhammadu Buhari’s loan request of 5.8 billion dollars and grant of $10 million. The loans are to be […]
World Bank lauds successes of APPEALS project in Kano
By HARUNA AHMED, Kano – The World Bank has lauded the successes recorded in its Agro-processing Productivity Enhancement and Livelihood Improvement Support Project in Kano […]
World Bank charges Nigeria to tax alcohol, cigarettes to improve primary healthcare
The World Bank Group has called on the Federal Government to impose special taxes on alcohol, cigarettes and sugar-sweetened beverages to improve primary healthcare. “If […]
Nigeria, Chad to partner on power interconnection – Minister
The Minister of Power, Mr Abubakar Aliyu, has assured the Republic of Chad of Nigeria’s continuous interaction on power interconnection. Mr Odutayo Oluseyi, Assistant Director, […]
World Bank lauds Kogi’s 2020 audited financial statement
The World Bank has commended Kogi on its 2020 audited financial statement, describing the financial report as a standard for transparency and accountability in the […]
World Bank, El-Rufai commend Kyari, as NNPC intensifies petroleum sector reform
The Nigerian National Petroleum Company (NNPC) Limited started its activities for the week at the World Bank Nigeria Development Update in Abuja, with a fresh […]
Reactions trail IMF advice on electricity, fuel subsidy removal
Experts have expressed divergent views over the International Monetary Fund (IMF) advice to the Federal Government to ensure total removal of electricity and petrol subsidies. […]
Dollar shortage, subsidy, deficit financing threatening Nigeria’s growth – World Bank
The World Bank has said that economic growth in Nigeria is being threatened by certain macroeconomic challenges, including dollar shortage, petrol subsidy and the fiscal […]
State governments will support total removal of fuel subsidy – El-Rufai
The Governor of Kaduna State, Malam Nasir El-Rufai, has said the state governments are ready to support the Federal Government in the elimination of fuel […]
Erosion: Help reunite our communities, Cross River elders urges World Bank
The project monitoring committee in Ikot-Nkebre community in Calabar Municipality has appealed to the World Bank not to abandon their erosion work at the Agro-field […]
Afghanistan urges U.S. to unfreeze its assets
Afghanistan’s acting Foreign Minister Amir Khan Muttaqi has written an open letter to U.S. Congress, calling on the United States to unfreeze Afghanistan’s assets, the […]
2021 Floods: Bauchi to access N30bn World Bank grants – Official
The Bauchi state government is poised to access N30billion grant from the World Bank, to address the state’s myriad environmental challenges, Kabir Ibrahim, The Director-General […]
Zulum lays foundation stone for construction of 2,275 length road, drainage network in Gwoza Town
The Governor of Borno State, Babagana Zulum on Thursday laid the foundation stone of 2,275 length township road and drainage system in Gwoza Local Government […]
FG, World Bank begin training of 40 Nigerians on Jewellery
The Federal Government in collaboration with the World Bank Assisted Mineral Sector Support for Economic Diversification (MinDiver) Project has begun a National training programme on […]