World Bank
23 Apr 2024
As about four billion people in more than 60 countries go to the polls this year, the International Trade Union Confederation (ITUC) has urged the World Bank to support the growth of democracy worldwide.
23 Apr 2024
UBA America, a subsidiary of the pan-African financial giant United Bank for Africa (UBA) Plc, has reinforced commercial diplomacy among countries, institutions and individuals while fostering robust international collaborations.
22 Apr 2024
Nigeria said it will partner with leading International Money Transfer Operators (IMTOs), to double remittance flows into the country. The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, made this disclosure in a statement on Monday. Cardoso said this during a press conference that was held at the International Monetary Fund (IMF) and…
22 Apr 2024
The World Bank Group has prequalified Nigeria for a $2.25 billion loan at a one per cent rate, a 40-year term with a 10-year moratorium.
21 Apr 2024
The Nigerian government is on the verge of receiving a fresh $2.2 billion single-digit interest loan from the World bank. Minister of Finance and Coordinating Minister for the Economy, Olawale Edun, disclosed this at a press briefing in Washington DC, United States on Saturday. Edun also said at the end of Nigeria’s activities at the…
19 Apr 2024
Rising inflation and weak earnings have pushed 10 million Nigerians into poverty in 2023, the World Bank in its Macro Poverty Outlook for Nigeria: April 2024 has stated.
19 Apr 2024
The World Bank Group and the African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.
10 Apr 2024
As a result of insecurity, higher transportation costs, poor topography and bad roads, the cost of trade in Nigeria is four to five times higher than what is obtained in the United States, the World Bank has revealed.
9 Apr 2024
The various economic reforms being implemented by the federal government are yielding results and will boost economic growth by 3.3 per cent in the current year, the World Bank has said.
7 Apr 2024
According to Wikipedia, tertiary education, also referred to as third-level, third-stage or post-secondary education, is the educational level following the completion of secondary education.
6 Apr 2024
Financial literacy is the gateway to financial freedom and security. Yet, studies show that a significant portion of Nigerians lack basic financial
Latest
3 mins ago
The Nigeria Customs Service (NCS), Seme Area Command on Monday, decorated 135 newly promoted men and officers of the command. Speaking shortly after the ceremony, held at the ECOWAS Joint Border Command Post in Seme-krake, Comptroller Kayode Kolade, the Command Area Controller charged the newly promoted officers to continue striving for excellence. According to him,…
4 mins ago
The Super Eagles have been drawn to face Tunisia, Uganda and Tanzania in Group C of the 2025 African Cup of Nations (AFCON) in Morocco. The Confederation of African Football (CAF) conducted the draw on Monday in a ceremony at the Mohammed V National Theatre in Rabat. The draw ceremony featured African football legends such…
11 mins ago
Unknown gunmen, suspected to be kidnappers, have reportedly abducted a man, his wife, son, and two others in the Chikakore community, Bwari Area Council of the Federal Capital Territory (FCT). The gunmen struck in the Chikakore area of Kubwa at around 12:00 a.m. on Monday morning. The kidnappers, numbering dozens and heavily armed, stormed the…
15 mins ago
The Minister of Solid Minerals Development, Dr. Dele Alake, has urged British investors to explore opportunities in Nigeria’s mining sector. Alake made the call when he received the British Deputy High Commissioner to Nigeria, Mr. Jonny Baxter, on Monday in his office in Abuja. He stated that Nigeria welcomed the UK’s support for capacity building,…
18 mins ago
The Lagos State Government and the Federal Ministry of Finance Incorporated have signed a Memorandum of Understanding (MoU) to kickstart exploratory work on the development of the Green Line rail project. This was disclosed by the Lagos State Commissioner for Information and Strategy, Mr. Gbenga Omotoso, at a Citizen/Media Stakeholders forum organized recently by the…
19 mins ago
The Enugu Chamber of Commerce, Industry, Mines, and Agriculture (ECCIMA) has asked the state government to pursue a one-stop, unified tax payment system in the state. President of ECCIMA, Odeiga Jideonwo, said the system would prevent the multiple payment of the same tax to both the state and local governments at the same time. Speaking…
24 mins ago
Minister of Solid Minerals Development, Dr. Dele Alake, on Monday revealed that the explosion at a mining site in Sabon Pegi, Mashegun Local Government Area of Niger State on Sunday was caused by the illegal stockpiling of explosives. Alake dispatched officials of the Federal Mines Office in the state to the blast site for an…
25 mins ago
The Nigerian government has taken steps to reform its civil service by learning from Singapore, known for its efficient public service systems. In January 2025, the Head of the Civil Service of the Federation, Mrs. Didi Esther Walson-Jack, led a delegation of 20 State Heads of Service and Federal Permanent Secretaries on a four-day study…
31 mins ago
A witness in the ongoing trial of Hadi Sirika over an alleged fraud of N2.8 billion has said that the former Minister of Aviation awarded a contract to an unqualified company. This was according to a statement by the Economic and Financial Crimes Commission (EFCC) after Sirika's trial continued on Monday. "The Fifth Prosecution Witness,…
37 mins ago
The National Orthopaedic Hospital, Dala, Kano, has refunded the sum of N121 million to patients from 2023 to date. A Kano based radio station had recently aired a particular patient, Maryam Usman, complaining about getting a refund back from the hospital for nine months. She also alleged that when a patient dies, the hospital withholds…