The immediate past Minister of Finance, Budget and National Planning, Zainab Ahmed, has described as false media reports that her appointment as Alternate Executive Director (AED) of the World Bank …
World Bank
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BusinessNews
Nigeria pushes on with $800m loan, named deputy chair of Commonwealth ministers group
by Adminby AdminFinance ministers from various Commonwealth countries have called for a systemic reform of the global financial architecture to enhance access to development financing for vulnerable countries. The choice of Nigeria …
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BusinessNews
Worrisome: Investors continue to shun Nigeria as debts climb, FDI drops 59% in a decade
by Adminby AdminData from the World Bank says Foreign Direct Investment (FDI) to Nigeria has nosedived by a staggering 58.98 per cent in 11 years. In its International Debt Report (IDR), the …
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Uncategorized
Nasarawa Government Disburses 1.1Billion naira for N-CARES Programme
by Adminby AdminFrom Joseph Aselema, Lafia The State Coordinator of Nasarawa State Cares Co-ordinating unit (SCCU), Malam Dahiru Umar Ibrahim has commended the efforts of state Governor, Engineer A. A. Sule in …
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Politics
World Bank Report Exposes Buhari Presidency, APC’s Lies – PDP; Counsels FG to End False Claims and Seek Help
by editorby editorThe Peoples Democratic Party (PDP) says the report by World Bank that seven million Nigerians have been pushed into poverty in the last one year, has belied the integrity posturing …
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BusinessNews
How IMF, World Bank got FG to withdraw subsidy, hike electricity tariff
by editorby editorThe Federal Government’s removal of petrol subsidy and the increase in electricity tariff are in line with reforms being sought by the International Monetary Fund and the World Bank, economic …
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World Bank has approved a $750 million International Development Association (IDA) credit for Nigeria’s Power Sector Recovery Operation (PSRO) to improve electricity supply. The bank, in statement in Abuja on …
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Cumulatively, Nigeria’s public debt is now put at a whopping $86.1 billion (about N30.14 trillion) going by figures released by AfDB and the World Bank. The World bank on Tuesday …