Tag: World Bank

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

Nigeria Secures $632M World Bank Loans Amid Debt Concerns

The World Bank is set to approve $632 million in new loans…

Genesis Obong

World Bank Urges $15M Annual Investment to Elevate National Bureau of Statistics (NBS)

In a bid to bolster Nigeria's statistical capabilities and align them with…

Genesis Obong