The World Bank will in the next three years invest about $57.3 billion in the West African subregion, aimed at stimulating growth. And Nigeria tops the...
For insisting that Nigeria must officially devalue its local currency, the naira, the Federal Government may have closed all intention of seeking for loan facilities from...
Nigeria is back to square one following the directive by both the World Bank and African Dvelopment Bank (AfDB) that it makes a priority list on...
The World Bank is optimistic that Nigeria may exit economic recession this year, 2017. The bank however stated that it is not yet ready to grant...
The World Bank has declared Ghana as now the best country for doing business in West African sub region, beating Nigeria to second position, with Ivory...
Nigeria’s Minister of Finance, Mrs Kemi Adeosun, has accused western powers of frustrating efforts by the nation in addressing its power challenges. Adeosun, who spoke in...
Economic growth in the sub-Saharan Africa is likely to slip 1.6 per cent by the end of 2016, its lowest level in two decades. This is...
The Federal Government has concluded plans to raise $1 billion on the Eurobond market. The move by the Nigerian government is part of its plan to...
Ekiti State government has said the claim that the four persons that died during the week at Egbe Dam in Gbonyin Local Government Area were World...
Jolted by the outcry over slow implementation of the 2016 budget, Nigeria’s government is said to have intensified search for funds with which to executive a...
A recent survey has rated Nigeria higher in the use of Automated Teller Machines (ATM) than countries like Ghana, Switzerland, and others in the middle belt....
Nigeria’s Vice-President, Professor Yemi Osinbajo, has said about 110 million Nigerians are living in poverty, adding that two-tenth of the 110 Nigerians are living in abject...
The International Monetary Fund, IMF, has painted a further grim picture for the Nigerian economy, saying it will contract in 2016. This, the fund said is...
The President of Dangote Group, Mr. Aliko Dangote on Friday said he plans to spend $12 billion on Nigeria’s first private crude oil refinery billed to...
By Farouk Martins Aresa…What is surprising is that it took Nigeria’s Buhari this long to capitulate to Foreign countries that make the economic rules for the...
The Minister of Finance, Mrs Kemi Adeosun, Tuesday, in London, said the federal government would issue $1 billion Eurobond in the third quarter of 2016 for...
Against the backdrop of the anniversary of Democracy Day in Nigeria which also marks one year anniversary of Muhammadu Buhari administration, The Presidency on Saturday released...
The Academic Staff Union of Universities (ASUU) has taken a look at the overall performance of the President Muhammadu Buhari-led administration, and concluded that it has...
President Muhammadu Buhari on Wednesday met with the Managing Director and Chief Operating Officer of the World Bank, Ms Sri Mulyani Indrawati at the Presidential Villa,...
Nigeria may yet heave a sigh of relief if the projections of the World Bank is anything to go by. The Bretton Wood institution is raising...
The Federal Government is seeking collective efforts from the World Bank and West African nations to end conflicts emanating from cattle grazing. Minister of Agriculture and...
The Socio-Economic Rights and Accountability Project (SERAP) says that former Minister of Finance Ngozi Okonjo Iweala lied to Nigerians on how funds recovered from late military...
The World Bank has asked for more time to make a full disclosure of the detailed breakdown of disbursement of monies recovered from the late Head...
Nigeria economy appears to be enjoying high profiling as it has moved up five steps in the World Bank recent ranking on the ease of doing...
In spite of opposition from Senator Uroghede Matthew (PDP, Edo South) that such a move would increase the debt burden on the state, the Senate on...
Former director-general of the Securities and Exchange Commission (SEC), Arunma Oteh has been appointed into the World Bank as vice-president and treasurer. President of the organisation,...
In from Ali Smart…. Developing countries face a series of tough challenges in 2015, including the looming prospect of higher borrowing costs as they adapt to...
As revenue tightens on account of soft oil prices, Nigeria has now advanced negotiations with both the World Bank and African Development Bank (AfDB) to borrow...
Nigeria’s total debt stock rose to N11.24 trillion from N10.4 trillion or $67.72 billion as at December 31, 2014 according to latest data from the Debt...
Former Governor of the Central Bank of Nigeria, Chukwuma Soludo, has released a third article, where he dissected the economic policies of the ruling government, and...
