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Tag: World Bank

Business & Economy

Four Million Nigerians in Poverty Within the First Six Months of 2023

According to the Washington-based institution, “compensating transfers will be essential in helping to shield Nigerian households from the initial price impacts of the ...
By Rachael AiykeJune 28, 20230
Fuel Subsidy: CISLAC queries $800m World Bank loan for Nigerians
Business & Economy

Fuel Subsidy: CISLAC queries $800m World Bank loan for Nigerians

The Civil Society Legislative Advocacy Centre, CISLAC, has queried the Federal Government over the World Bank’s $800 million loan to the country, as ...
By Uchechi OjoMay 8, 20230
Easter: Buhari charges citizens to believe in Nigeria for better season ahead
Business & Economy

Nigeria’s indebtedness to World Bank now N6tn

Nigeria’s borrowing from the World Bank has risen by 121.46 percent under the regime of President Muhammadu Buhari. It was learned that the ...
By Uchechi OjoApril 24, 20230
Naira depreciated by 10.2% in 2022 – World Bank
Business & Economy

Naira depreciated by 10.2% in 2022 – World Bank

Prompted by rising food and fuel prices globally, among other stimulants, the naira recorded a depreciation of 10.2 percent in 2022, the World ...
By Uchechi OjoApril 7, 20230
World Bank finally approves $1.5billion loan to strengthen Nigeria’s economy
Business & Economy

World Bank finally approves $1.5billion loan to strengthen Nigeria’s economy

The World Bank announced in a statement on Tuesday, December 15, 2020, that it has finally approved Nigeria’s request for a $1.5 billion ...
By Uchechi OjoDecember 15, 20200
FG processing $750m World Bank loan for states
Business & Economy

FG processing $750m World Bank loan for states

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, disclosed at the inauguration of the Federal Steering and Technical Committees of ...
By Uchechi OjoNovember 23, 20200
Nigeria’s debt to hit N32.87tn
Business & Economy

Nigeria’s debt to hit N32.87tn

The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed during the inauguration of Federal Steering Committees of the Nigeria COVID-19 Action ...
By Uchechi OjoNovember 16, 20200

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Popular Posts

  1. Oil Spill: Supreme Court rejects Shell’s request to vacate ₦17bn judgement

    Oil Spill: Supreme Court rejects Shell’s request to vacate ₦17bn judgement

    November 27, 20205054 views
  2. SSANU, NASU reject UTAS, propose separate payment platform, says Ngige

    Strike: It may continue for years, except… ― ASUU

    November 6, 20203107 views
  3. EFCC hands recovered ¥370,000, $1,800 to Japanese victim of fraud

    EFCC hands recovered ¥370,000, $1,800 to Japanese victim of fraud

    April 6, 20212857 views
  4. CBN Announces ₦6.98 Charge For USSD Transactions

    CBN announces ₦6.98 charge for USSD transactions

    March 16, 20212838 views

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Popular Posts

  1. Oil Spill: Supreme Court rejects Shell’s request to vacate ₦17bn judgement

    Oil Spill: Supreme Court rejects Shell’s request to vacate ₦17bn judgement

    November 27, 20205054 views
  2. SSANU, NASU reject UTAS, propose separate payment platform, says Ngige

    Strike: It may continue for years, except… ― ASUU

    November 6, 20203107 views
  3. EFCC hands recovered ¥370,000, $1,800 to Japanese victim of fraud

    EFCC hands recovered ¥370,000, $1,800 to Japanese victim of fraud

    April 6, 20212857 views
  4. CBN Announces ₦6.98 Charge For USSD Transactions

    CBN announces ₦6.98 charge for USSD transactions

    March 16, 20212838 views
  5. Alleged ₦10bn Fraud: PDP Won’t Succumb To Blackmail, Intimidation – Spokesman

    Alleged ₦10bn Fraud: PDP won’t succumb to blackmail, intimidation – Spokesman

    May 20, 20212244 views
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Popular Posts

  1. Wike thanks Nigerians for backing power shift to South, says rotational presidency settled

    Wike Dares PDP Critics: “No One Can Expel Me from the Party I Built”

    1 hour ago
  2. Ukraine and Russia Return to the Table: Istanbul Talks Offer Hope Amid Ongoing War

    1 hour ago
  3. Terror in Benue: Over 15 Catholic Parishes Shut Down Amid Armed Herdsmen Attacks

    1 hour ago
  4. “I Won’t Jump Ship – Senator Jarigbe Reaffirms Loyalty to PDP

    3 hours ago
  5. Youths Shut Down Roads in Benue Over Abduction of Female Traders

    3 hours ago
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