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Tag: World Bank

World Bank suspends consultant for corruption in project in Nigeria
BusinessFinance

World Bank suspends consultant for corruption in project in Nigeria

World Bank debars consultant for corruption in project in Nigeria A Nigerian consultant Mr Salihu Shehu Ahmad Tijani, has been…

Christina NgeneOctober 21, 2021October 21, 2021
NBS employment data undisputed by the World Bank – What is the story?
BusinessFinance

NBS employment data undisputed by the World Bank – What is the story?

The National Bureau of Statistics (NBS) has said that its employment statistics data collection was undisputed by the World Bank…

Christina NgeneApril 30, 2021April 30, 2021
FG Nigeria To Give $18 Million To State Government Who Publish Budget
BusinessFinance

FG Nigeria To Give $18 Million To State Government Who Publish Budget

The Nigerian state government have been told to by the budget office of the federation to publish their 2021 annual…

Christina NgeneJanuary 27, 2021January 27, 2021
Nigeria Cleared To Receive $1.5bn Loan From World Bank
Business

Nigeria Cleared To Receive $1.5bn Loan From World Bank

The World Bank has cleared Nigeria to receive the $1.5 billion loan requested by the country earlier in 2020. To…

Christina NgeneDecember 15, 2020December 15, 2020
Nigeria Could House Some Percentage of New Poor Mass – World Bank
BusinessFinance

Nigeria Could House Some Percentage of New Poor Mass – World Bank

In a new World Bank report titled “Poverty and Shared Prosperity 2020: Reversals of Fortune”, the group talks about the threats that…

Christina NgeneOctober 8, 2020December 11, 2020
World Bank: Reform Holds Back $1.5 Billion Loan From Nigeria
Finance

World Bank: Reform Holds Back $1.5 Billion Loan From Nigeria

As concerns for multiple exchange rate in Nigeria linger, the country is now less likely to get the proposed $1.5…

Christina NgeneAugust 18, 2020August 18, 2020
World Bank: Sub-Saharan Africa Facing a Recession Due to Coronavirus
BusinessFinance

World Bank: Sub-Saharan Africa Facing a Recession Due to Coronavirus

The World Bank is forecasting a sharp fall in growth from 2.4% in 2019 to around -2.1% to -5.1% in…

Christina NgeneApril 11, 2020April 30, 2020

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News Summary Today

The explosion and a suspected attack on the Trans-Niger Pipeline, TNP, have warranted a state of emergency in Rivers State. President Bola Tinubu made the announcement Tuesday, where he also suspended the current administration as well as, instated a new leader, Vice Admiral Ibokette Ibas, for six months to run the affairs of the state.

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