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World Bank Group Launches World Development Report on Education in Nigeria

World Bank Group Launches World Development Report on Education in Nigeria The World Bank Group, the Federal Ministry of Finance and the Federal Ministry of Education in synergy have co-launched the World Development Report (WDR) 2018: ‘Learning to Realize Education’s Promise’ at the International Conference...

UNDP Trains Over 150 in Entrepreneurship Skills in North-East Nigeria

UNDP Trains Over 150 in Entrepreneurship Skills in North-East Nigeria Following a series of workshops conducted in the three most affected States by the Boko Haram crisis, over 150 youths, women and men have been trained in various entrepreneurship skills, competences and behaviours that will...

NNPC: Nigeria Now World’s Largest Fuel Importer

NNPC: Nigeria Now World’s Largest Fuel Importer   Nigeria is the only member country in the Organisation of Petroleum Exporting Countries (OPEC) that imports petrol and is currently the largest importer of Premium Motor Spirit (PMS) in the world, Group Managing Director of the Nigerian National...

Nigeria Leads Africa in Implementing Sustainable-Finance Reforms- Report

Nigeria Leads Africa in Implementing Sustainable-Finance Reforms- Report Nigeria has introduced banking reforms to expand sustainable lending, becoming one of 34 emerging markets that are a major force in driving development and fighting climate change, according to the first comprehensive Global Progress Report of the...

Nigeria, SSA countries’ Debts Rise By 550% To $200bn – Report

Nigeria, SSA countries’ Debts Rise By 550% To $200bn – Report The total borrowing from the international debt markets by Nigeria and other countries in the sub-Saharan African countries has jumped to over $200bn, from $30bn in 2007, data from the Bank for International Settlements...

Nigeria gets $486m World Bank credit for power sector

Nigeria gets $486m World Bank credit for power sector World Bank has approved a 486 million dollars credit facility to Nigeria for power grid improvements, the lender said on Friday. “The investments under the Nigeria Electricity Transmission Project will increase the power transfer capacity of...