Tag:World Bank

Business

World Bank raises alarm as debt servicing threatens Nigeria’s development

  …Warns rising repayments could starve hospitals, schools, roads of funds …Developing nations’ external debt hits record $9.4trn   The World Bank has warned that Nigeria and other...
Akeem Adebayo -
Business

Nigeria Unveils $78.5bn Investment Pipeline, Targets Job-rich Growth

  Nigeria has unveiled an investment pipeline worth $78.5 billion, comprising 65 bankable projects, as the Federal Government seeks to attract foreign capital and accelerate...
Akeem Adebayo -
Politics

$12.4bn Missing? ADC Demands Answers From Tinubu Over World Bank Report

  The African Democratic Congress (ADC) has challenged President Bola Ahmed Tinubu to explain a reported $12.4 billion gap in Nigeria’s external accounts, demanding full...
Roland Edet -
Education

₦552m? No, $552m World Bank Grant Targets 29m Nigerian Children

  The Federal Government, through the Universal Basic Education Commission (UBEC), has unveiled a $552.18m World Bank-supported education programme targeting 29 million Nigerian children, 500,000...
Akeem Adebayo -
Business

Oyedele, Cardoso Move to Unlock World Bank Guarantees for Nigeria

  …As private capital inflows hit nearly $6bn in 2026   Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, and Central Bank of...
Akeem Adebayo -
Politics

APM to World Bank: Reject Tinubu’s Fresh $1.5bn Loan

  …Says Nigeria’s rising debt burden requires caution   The Allied Peoples Movement (APM) has urged the World Bank and other international financial institutions to reject the...
Ola Adebayo -
news

NGF Backs State Procurement Forum as BPP Boss, Others Push Transparency

  The Nigeria Governors’ Forum (NGF) has inaugurated the Forum of State Directors-General of Public Procurement, with stakeholders calling for stronger transparency, accountability and efficiency...
Gladys Phillip -
news

ACReSAL Lifts 41% of Northern Farmers Out of Poverty, Reclaims 1m Hectares

  • World Bank project targets over 50% poverty reduction with fresh funding • Bauchi emerges among best-performing states • FG, World Bank set for additional financing...
Shehu Danladi -
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Energy

Senate Warns Petroleum Sector Nominees Against Sabotage, Corruption

The Senate has warned seven nominees for executive positions in Nigeria’s midstream and downstream petroleum sector against corruption, administrative...
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Politics

ADC Governorship Candidates Challenge Lifu Ruling, Seek Review Ahead of 2027 Polls

Governorship candidates of the African Democratic Congress (ADC) have called on appellate courts to review a Federal High Court...
news

Ebonyi Pensioners Endorse Nwifuru for 2027 Re-election Over Arrears Payments

The Nigeria Union of Pensioners (NUP) has endorsed Ebonyi State Governor Francis Nwifuru for a second term in 2027,...

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Energy

Senate Warns Petroleum Sector Nominees Against Sabotage, Corruption

The Senate has warned seven nominees for executive positions...
Politics

ADC Governorship Candidates Challenge Lifu Ruling, Seek Review Ahead of 2027 Polls

Governorship candidates of the African Democratic Congress (ADC) have...

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