Nigeria currency reform delays $1.5bn World Bank loan
Charles Abuede A financing delay from the World Bank could leave Nigeria battered by low prices of crude oil, as the multilateral
Nigeria, others can create 30m jobs, ramp up income through AfCFTA — World Bank
The African Continental Free Trade Area (AfCFTA) has the potential to re-write the African continent’s history of
COVID-19 triggers 42% job loss-World Bank
The World Bank has said nearly half of the global work force has been thrown out of jobs by the Coronavirus pandemic. The bank put the
World Bank estimates cost of power shortages in Nigeria at $28bn, approves $750m power sector loan for Nigeria
The World Bank has said the economic cost of power shortages in Nigeria is estimated at around 28 billion dollars, which is equivalent
Economy: Nigeria spent N387bn or $1.09bnm servicing debts in 9 months, says CBN
By Omobayo Azeez The federal government of Nigeria spent $1.09 billion, an equivalent of N387 billion, between January and September
Lagarde assumes duty as European Central Bank president
A new era was beginning at the European Central Bank (ECB) on Friday as Christine Lagarde takes over from Mario Draghi at the head of
World Bank appoints new Country Director for Nigeria
The World Bank has appointed Shubham Chaudhuri as the new country director for Nigeria, succeeding Rachid Benmessaoud who completed
Sokoto State keys into World Bank, AfDB, FDA $500m Nigeria facility with N1.1bn investment in 500km new rural roads
Jacob Ajakaiye, in Sokoto The administration of Governor Aminu Waziri Tambuwal in Sokoto has scaled up its rural areas transformation
Bill Gates’ foundation, World Bank, others pledge $790m at UNGA to enhance smallholder farmers
Kenneth Afor The United Nations (UN) climate action summit in New York on Monday alongside the Bill and Melinda Gates foundation, the
Nigeria approaches World Bank for $2.5bn loan
Hafez Ghanem, World Bank’s vice-president for Africa, says the lender is in talks with the Nigerian government for a $2.5 billion