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The World Bank has clarified that its planned $10.50 million financing to the Central Bank of Nigeria (CBN) is a grant, not a loan. This clarification...
The World Bank has approved fresh loans for Nigeria under the leadership of President Bola Tinubu. Naija News reports that the bank, on Monday, approved a...
The World Bank is set to approve a total of $632 million in fresh loans to Nigeria on Monday, aimed at supporting crucial sectors such as...
The Minister of Communications and Digital Economy, Bosun Tijani, has said President Bola Tinubu’s work to reform Nigeria would make the country the greatest in Africa....
The federal government of Nigeria is anticipated to secure new loans from the World Bank amounting to $2.2 billion in 2025. As outlined in the project...
The Nigeria Labour Congress (NLC) has urged the International Monetary Fund (IMF) and World Bank (WB) to stop lending money to governments that lack accountability to...
The Federal Government has acknowledged the World Bank’s support and partnership with the country to grow the nation’s economy. Naija News reports that the Minister of...
The World Bank has announced a 30-month debarment affecting two Nigerian firms, Viva Atlantic Limited and Technology House Limited, as well as their Managing Director and...
The Minister of State for Humanitarian Affairs and Poverty Alleviation, Tanko Sununu, has said that he is challenged by lack of trust from citizens. Tanko Sununu...
Information obtained from the World Bank’s website, has indicated that the apex bank is set to decide on three major loan projects for Nigeria in 2025,...
Prominent legal scholar and Senior Advocate of Nigeria (SAN), Itse Sagay has advised President Bola Tinubu against implementing the World Bank and International Monetary Fund (IMF)...
The World Bank has allocated approximately $24 billion in loans and grants to assist some of the most impoverished nations globally, which could generate an unprecedented...
As Africa’s most populous country, Nigeria struggles with youth unemployment, which impedes its economic growth and undermines social stability. With a population of 232.7 million in...
Nigeria’s debt to the World Bank’s International Development Association (IDA) has reached $17.1 billion since September 30, 2024. Naija News reports that the World Bank’s most...
The World Bank has raised concerns over $32m in unaccounted funds from a Nigerian water sector project, sparking fears of embezzlement and mismanagement. According to the...
The Senator representing Borno South, Ali Ndume, has accused politicians, the International Monetary Fund (IMF), and the World Bank of contributing significantly to Nigeria’s economic woes....
The Academic Staff Union of Universities (ASUU) has alleged that the World Bank and International Monetary Fund (IMF) are actively working to weaken Nigeria’s public school system....
The World Bank has recommended that Nigeria’s Federal Government prioritize job creation for young Nigerians, as recent economic reforms have intensified inflation and living costs. This...
The World Bank has accused the Nigerian National Petroleum Company Limited (NNPCL) of inconsistency and non-transparency in its operative details submitted to the Federal Account Allocation...
The Nigerian Labour Congress (NLC) has urged President Bola Tinubu to reject the advice of the World Bank on the ongoing economic reforms in the country....