Tag: World Bank

Nigeria Targets 7% GDP Growth to Combat Poverty, Minister Edun Reveals

Nigeria must achieve a sustained Gross Domestic Product (GDP) growth rate of…

Genesis Obong

Dangote Joins World Bank’s Elite Investment Lab to Boost Emerging Economies

Aliko Dangote, President and CEO of the Dangote Group, has accepted an…

Oluwadara Akingbohungbe

IMF Director Apologizes to Nigeria Over “Negative” Economic Comments

Following recent criticisms, the Managing Director of the International Monetary Fund (IMF),…

Genesis Obong

CBN Governor Assures Global Investors of Nigeria’s Economic Stability Amidst Ongoing Reforms

Nigeria's central bank governor, Olayemi Cardoso, has conveyed a message of assurance…

Genesis Obong

Power Sector Records N700 Billion Revenue Surge in 2024 – Minister Adelabu

Nigeria's power sector witnessed a remarkable financial turnaround in 2024, generating an…

Oluwadara Akingbohungbe

Nigeria’s Power Crisis: Adelabu Blames Past Administrations, Promises New Era

The Federal Government, through the Minister of Power, Adebayo Adelabu, has placed…

Genesis Obong

Nigeria Seeks $10.5m World Bank Loan to Modernize CBN’s Tech and Payment Systems

Nigeria has approached the World Bank for a $10.5 million loan. This…

Genesis Obong

Nigeria Secures Over $1 Billion in World Bank Funding for Key Development Program

Nigeria has secured significant financial commitments aimed at boosting its economy and…

Oluwadara Akingbohungbe