Edo-Azura power plans attracts World Bank, IMF interest
This was as the Azura Independent Power Plant, financed by the International Finance Corporation (IFC), which was expected to provide electricity to 14 million residential consumers, was highlighted to display how the World Bank Group’s collaboration supports.....
States yet to meet conditions for second tranche Paris Club refund
A further check at the Office of the Director Funds in the Office of the Accountant General Office. Mr. Alex Adeyimi also indicated that there was no payment instruction from the Federal Ministry of Finance.
Adeosun advises Nigerians on non-oil revenues to drive development
The minister gave the advice on Friday during a Finance Ministers’ meeting convened by the G24 Group at the ongoing IMF/World Bank Spring meetings in Washington DC.
World Bank raises the alarm over unemployment, famine in Nigeria
About two-thirds of jobs in developing economies would be lost soon as high-level fragility continues to impact negatively on business activities.Also, rising technological innovations that are taking over manual processes and offering seamless interactions and transactions are heightening the fear.
Nigeria needs adjustment over oil price, says IMF
The relative stability in the price of crude oil at the international market notwithstanding, the International Monetary Fund (IMF) has said Nigeria’s economy remains in the zone...
The best place for Nigeria in the new world order
The loans were predicated on them. By February, China had put in place a $1.5billion loan for the Lagos – Ibadan rail project, and earlier this month, a $4.5billion loan to mechanize our agriculture.
Ogun State goverment partners World Bank, AfDB on 500km road projects
The Ogun State Government in collaboration with the World Bank, and Africa Development Bank has concluded arrangements to construct 500 km rural roads to enhance social -economic activities of the people in the hinterlands.
IMF predicts wider budget deficit than FG's outlook
Nigeria’s budget gap will probably be larger than the government estimates this year because the West African nation’s revenue from taxes and state companies will be lower than forecast, the International Monetary Fund said.