The World Bank’s latest Nigeria Development Update (NDU) report paints a concerning picture of Nigeria’s economic future, highlighting the country’s struggles with poverty and economic growth. According to the report, Nigeria’s poverty rate remains stubbornly [Read More!]
The World Bank has reaffirmed its commitment to supporting Nigeria’s development goals, particularly in reducing poverty and promoting economic growth. While there is no specific announcement on a $17 billion release, the organization has been [Read More!]
Nigeria is on track to receive a major financial boost, with the World Bank potentially approving a total of $1.13 billion in loans by the end of March 2025. This funding is part of ongoing [Read More!]
The Nigeria Labour Congress (NLC) has called on the International Monetary Fund (IMF) and the World Bank (WB) to halt loans to governments that lack accountability, arguing that such financial support worsens governance crises and [Read More!]
Newsbino gathered that the World Bank has debarred two Nigerian companies, Viva Atlantic Limited and Technology House Limited, along with their CEO, Norman Didam, for engaging in fraudulent, collusive, and corrupt practices. The 30-month ban [Read More!]
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