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...
Nigeria is owing the World Bank $13.93bn (N6.42tn), according to data from the external debt stock reports by the Debt Management Office (DMO) Nigeria’s borrowing from...
Nigeria’s economic growth has suffered more setbacks as the country’s debt servicing increased rapidly in recent years. In a recent report, the World Bank disclosed that...
It was another impetuous contract bazaar at this week’s Federal Executive Council (FEC) meeting where instead of hearing about their debate on policy issues or directions...
The incoming administration of the President-elect, Bola Tinubu would be the first to commence the repayment of the $800 million loan approved by the World Bank...
In a recent publication, the World Bank has revealed that Ghanaian Cedi was the worst-performing currency in the Sub-Saharan African region among its equals last year....
The World Bank has provided Nigeria with $800 million to cushion the effects of petrol subsidy removal when finally implemented in June 2023. The Federal Government...
The World Bank Group’s Board of Executive Directors has announced Ajay Banga as the only candidate for the position of the next president of the bank....
World Bank President, David Malpass has announced his intention to step down from his position in June. Speaking on Wednesday, the 66-year-old was quoted saying that...
The World Bank has projected that interest payments on the Nigerian Government’s borrowing from the Central Bank of Nigeria (CBN) will gulp about 62 percent of...
Poor forex availability, insecurity and other structural challenges have been identified as major issues hampering the increase in Foreign Direct Investment (FDI) in Nigeria. This was...
The World Bank has asked the Central Bank of Nigeria to reconsider its RT-200 Programme despite its good intentions. The global bank stated that the policy...