World Bank has lined up three major loan projects for Nigeria in 2025, totalling $1.65bn, as part of a broader effort to support the country’s development agenda and address
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President Bola Ahmed Tinubu has borrowed $6.45 billion from the World Bank in just 16 months, according to a document on the global lender’s website.
Wale Edun, announced today the approval of two major financial support packages by the World Bank. This is part of President Tinubu’s ongoing
Federal Government may reintroduce previously suspended telecom tax and other fiscal measures as one of the measure in pursuit of securing a new $750m loan from
International Monetary Fund (IMF) has recently revised its economic growth forecast for Nigeria, increasing it from 3.0% to 3.3% for 2024. The upward adjustment was announced in the IMF’s latest World Economic Outlook, which was released during the Spring Meetings of the World Bank and IMF in Washington, United States.
Uganda President React to World Bank loans suspension over anti-LGBTQ law Uganda’s President, Yoweri Museveni, on Thursday, condemned the World…
The World Bank says Nigeria’s government will save a total of N11 trillion from the recent petrol subsidy removal policy.…
The World Bank has said seven countries, including Nigeria, Afghanistan, Burkina Faso, Haiti, Somalia, South Sudan and Yemen are experiencing…
The governors of Kaduna and Anambra states, Nasir El-Rufai and Prof. Charles Soludo, will be among the panellists who will…
The federal government will pay N5,000 to 10 million households for six months as palliative for removing petrol subsidy after…
The World Bank announced on Wednesday a grant of $200 million toward repairing Ukraine’s energy infrastructure, as officials from…
The World Bank Country Office in Nigeria’s capital city, Abuja, has said that the hardship being faced by Nigerians due…