The Federal Government of Nigeria is currently servicing one hundred and eight World Bank loans worth $14.12 billion. According to Punch, the oldest loan being serviced...
A Chinese construction company, China Gezhouba Group Co. LTD, has suspended the construction of the Niger Republic Kandadji Dam project following sanctions on Niger by the...
The World Bank has suspended new loans to Uganda following the nation’s recent enactment of a law criminalizing lesbian, gay, bisexual, and transgender activities. The legislation,...
World Bank President, Ajay Banga, has applauded President Bola Tinubu for taking the bold step to remove fuel subsidy to avoid an unsustainable fiscal deficit. The...
World Bank President, Ajay Banga, will begin a three-day visit to Nigeria on August 3, 2023. In a statement on Tuesday, the Word Bank said while...
Veteran Nollywood actor cum politician, Kenneth Okonkwo has berated the ruling All Progressives Congress (APC) over Nigeria’s debt profile. Naija News recalls that the World Bank...
The former Minister of Finance, Zainab Ahmed, was validly nominated by Ex-President Muhammadu Buhari, for the position of Alternate Executive Director (AED) at the World Bank. Naija...
The immediate past Minister of Finance, Mrs. Zainab Ahmed, is set to resume at the World Bank as an Alternate Executive Director (AED). Naija News reports...
President Bola Tinubu has been accused of approving a luxurious retirement package for the recently sacked Service Chiefs to avoid an overthrow of his government. Naija...
The World Bank has disclosed that about four million people entered into poverty between January and May 2023 in Nigeria. The bank said the development was...
In a recent report, the World Bank identified Nigeria, India, and the Democratic Republic of Congo as the countries suffering from the highest levels of poverty...
American-born Nigerian musician, and record producer, David Adeleke, better known as Davido, has disclosed how he connected his billionaire dad, Adedeji Adeleke, with the World Bank...
The lawmaker representing Borno South Senatorial District, Senator Ali Ndume has expressed his intention to contest the $800 million loan requested by President Muhammadu Buhari’s administration....
The World Bank has said the request of the Muhammadu Buhari government to borrow $800 million from the multilateral institution was not a fresh one. Naija...
The Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank to stop the disbursement of the $800 million loan to the Federal Government of...
President Muhammadu Buhari on Wednesday wrote to the Senate, requesting approval for a new $800 million loan. In a letter read by the President of the...
According to a report obtained from the World Bank, Nigeria’s borrowings has reached $14.34bn as of March 31, 2023. This was an increase from the $13.93bn...
The World Bank Group’s executive directors has selected a former chief executive officer (CEO) of Mastercard, Ajay Banga, as president. Naija News reports that the appointment...
Former Kaduna central lawmaker, Senator Shehu Sani, has asked the federal government to keep safe the $800 million it received earlier as a loan from the...
Nigeria President-elect, Asiwaju Bola Ahmed Tinubu, will inherit N46.25 trillion debt incurred by past administrations including that of President Muhammadu Buhari government when he is sworn...
