The World Bank Group has announced the 30-month debarment of two Nigeria-based companies –Viva Atlantic Limited and Technology House Limited – and their chief executive, Norman Bwuruk Didam.

World Bank has imposed a 30-month debarment on two Nigerian companies, Viva Atlantic Limited and Technology House Limited, alongside their Managing Director and Chief Executive Officer, Mr Norman Bwuruk Didam.

The World Bank Group has imposed a 30-month debarment on two Nigerian companies, Viva Atlantic Limited and Technology House Limited, alongside their Managing Director and Chief Executive Officer, Mr. Norman Bwuruk Didam. According to a press statement by the Washington-based bank on Monday, the sanction follows findings of fraudulent, collusive, and corrupt practices connected to…

The World Bank says it has disbursed N5 billion to 140 communities across the 17 Local Government Areas (LGAs) of Plateau to help them tackle climate change. The Country Director of World Bank in Nigeria, Mr Ndiame Diop, said this on Thursday in Jos during the formal disbursement of the funds to the benefitting communities.…

The Federal Government has been urged to implement reforms that would enhance the efficiency and competitiveness of Nigerian ports, as this is critical to improving the industry’s global ranking.

Vice President Kashim Shettima on Friday performed the groundbreaking ceremony for a World Bank-funded State Action on Business Enabling Reforms (SABER) project in Nasarawa State. According to a statement by the Spokesman/Senior Special Assistant to the President on Media & Communications (Office of the Vice President), Stanley Nkwocha, the project includes a one-stop investment centre…

After reviewing the progress made by Nigeria in issuing the National Identification Number (NIN), the World Bank has set a new target of 180 million from the initial 148 million under the Digital Identity for Development (ID4D) project. The World Bank, acknowledging Nigeria's progress, emphasized that efforts must be intensified to ensure the project's success.…

The Federal Government will provide $1 billion, half of the $2 billion required to deliver the country’s 90,000-kilometre fibre project.

The Federal Government has met with the World Bank in its bid to advance the solid minerals sector in Nigeria. The Minister of Solid Minerals Development Dr. Dele Alake disclosed the FG's plan to improve the sector in a post on his official X account on Thursday after a meeting with the officials of the…

The Federal Government has secured a $500 million facility from the World Bank for the scale-up of the Rural Access and Agricultural Marketing Project (RAAMP) across states of the federation. The federal and participating state governments are expected to pay a counterpart fund of $100 million to further increase the reach of the project. The…

Delta State Governor, Sheriff Oborevwori, has issued a scathing critique of the economic policies implemented by President Bola Tinubu’s administration, accusing them of plunging Nigerians deeper into hunger, poverty, and unemployment, while turning Nigeria into the global poverty capital. In a statement signed by his Executive Assistant on New Media, Felix Ofou, Oborevwori highlighted the…

The Federal Government said it is negotiating a $500 million loan facility from the World Bank to implement the Human Capital Opportunities for Prosperity and Equity (HOPE) project.