The World Bank has said that economic growth in Nigeria is being threatened by certain macroeconomic challenges, including dollar shortage, petrol subsidy and the fiscal […]
The World Bank has decried the continued spending by the Nigerian government on petrol subsidy, which it said is on track to gobble up N2.9tn […]
The Federal Government has revoked at least 5,793 inactive mining licences, investigation by The PUNCH has revealed. Our correspondents learnt that the licences that were […]
The President, Major General Muhammadu Buhari (retd.), has asked the National Assembly to approve fresh external loans of $4.05bn and €710m for his regime. Experts […]
The World Bank and University of Nigeria, Nsukka are set to support the Federal Government to develop Natural Capital Accounting in the country, a university […]
Nigeria’s Gross Domestic Product grew by 5.01 per cent, year-on-year, in the second quarter according to the National Bureau of Statistics. NBS disclosed this in […]
The Federal Government is to begin Airborne Geophysical Survey in 19 states of the Federation. The General Manager, Nigerian Mining Cadastre Office, Mr Obadiah Nkom […]
The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has ballooned to N15.51tn, rising by 2,286 per cent […]
Former Governor of the Central Bank of Nigeria, Alhaji Sanusi Lamido, said on Saturday that Nigeria had made zero progress since 1981. Sanusi, who said […]
Abuja – The Federal Capital Territory Administration (FCTA) yesterday said it has received $15million of the World Bank’s $750million given to Nigeria as COVID-19 Intervention […]
Oyo State Governor, Seyi Makinde has appealed to World Bank not to withdraw its support for the Ibadan Flood Control projects. The governor made the […]
Former Director-General of the Security and Exci Commission Arunma Oteh has been elected the new chair of The Royal African Society. Ms Oteh, previously the […]
The United Nations International Children’s Emergency Fund says it has signed an agreement with Janssen Pharmaceutical to supply an additional 220 million doses of the […]
The World Bank has said Nigeria is likely to make N462bn the electronic money transfer levy as a source of stable revenue in 2021. The […]
An American assets recovery firm, Forensic Assets Investigation and Recovery Services LLC, has traced $69bn (about N28.3tn) to different Texas bank accounts accrued from illegal […]
According to the Nigeria Electricity Regulatory Commission, NERC, the hike in electricity tariff will take effect from July,1. The government’s latest move which is part […]
The President, World Bank Group, Mr David Malpass, said the group is working actively in collaboration with the International Monetary Fund on the common framework […]
The World Bank has called for strengthened national data systems in low-income countries as a means to realising the full potential of the data revolution […]
Chief Whip of the Senate and former Governor of Abia State, Senator Orji Uzor Kalu, has taken the Senator representing Abia South Senatorial zone, Enyinnaya […]
The new Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, on Tuesday, paid a courtesy call on Vice-President Yemi Osinbajo at the State House […]
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