Tag: world bank

World Bank Blacklists 18 Nigerian Firms, Individuals for Corrupt Practices

18 Nigerian individuals and firms have been blacklisted by the World Bank…

Tare Magbei

Dependence on Oil Exports Major Cause of Nigeria’s Frail Growth Prospects – World Bank

The World Bank has said Nigeria’s dependence on oil exports is the…

Daily Report Nigeria

Moghalu Kicks as FG Plans Fresh $1.5bn World Bank Loan

Plans by the Federal Government to borrow a fresh $1.5 billion loan…

Daily Report Nigeria

World Bank Reveals Inefficiencies Cost Nigeria, Others Billion Dollars

A report by the World Bank has exposed the significant losses Nigeria…

Olaitan Sodiq

Nigeria, World Bank Collaborate on Capital Market Funding for Infrastructure

FG has begun discussions with the World Bank to explore funding options…

Olaitan Sodiq

Nigeria’s Rising Debt: Tinubu Administration Secures $6.45bn from World Bank

The Federal Government of Nigeria has borrowed $6.45 billion from the World…

Olaitan Sodiq

FG in Talks with World Bank to Boost Fibre Optic Capacity to 125,000km

  Just a few weeks after the Federal Government approved a special…

Olaitan Sodiq

World Bank Flags $32m Missing in Nigeria’s Water Project Funds

The World Bank has uncovered a staggering $32 million in unaccounted funds…

Olaitan Sodiq

Nigeria Receives World Bank $1.5bn Loan for Subsidy Removal, Tax Reforms

The Washington-based World Bank has granted Nigeria a $1.5 billion foreign loan.…

Olaitan Sodiq

SERAP Urges Tinubu To Probe $1.5bn World Bank Loan To States, FCT

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu…

Olaitan Sodiq

World Bank Ranks Nigeria Third-Largest Debtor

  Nigeria has emerged as the third-largest debtor to the World Bank's…

Olaitan Sodiq

World Bank Approves $500m for Nigeria’s Rural Roads

The World Bank has approved a $500 million concessional loan to tackle…

Olaitan Sodiq

W’ Bank Reports 129 Million Nigerians Plunged into Deeper Poverty Amid Soaring Inflation

The World Bank's latest Nigeria Development Update report has painted a dire…

Olaitan Sodiq

World Bank Suspends Nigerian Firm, MD for For Five Years Over ‘corrupt Practices’

The World Bank has stated that SoftTech IT Solutions and Services Ltd.…

Tare Magbei

World Bank President, David Malpass Resigns

World Bank president, David Malpass on Wednesday announced that he would step…

Juliet Amaka