Macroeconomic Management: Nigeria Needs Urgent Structural Reforms - World Bank   The World Bank has raised concerns over Nigeria’s macroeconomic management, calling for an urgent need for structural reforms to among other things improve revenue mobilization and financial management. The Bank said this would be imperative for...

Nigeria’s Capital Expenditure Among Lowest Globally, Says W’Bank The World Bank Country Director for Nigeria, Mr Shubham Chaudhuri, has said that public spending in the country is among the lowest globally. He said this while making his keynote address at the annual banking and finance conference...

W/Bank Delays $8.6bn Loan To Nigeria, Report Says   Nigeria has about $8.25bn undisbursed World Bank loan as of July 2023. This was based on data obtained from the Summary Statement of Loans/Credit/Grants on the website of the World Bank. A breakdown further showed that the undisbursed loans...

ACS Tasks World Leaders to Fulfil $100bn Commitment to Climate Finance The President of the African Development Bank, Akinwumi Adesina and the 2023 United Nations Climate Change Conference president, Dr. Sultan Al Jaber, called on developed economies to fulfil their $100bn commitment to climate finance. He...

Tinubu, the youth, and Renewed Hope By Umar Jibrin President Bola Ahmed Tinubu has remained true to his word. During the campaigns, he promised to give copious representation to youths and women in his cabinet. And this promise, he has kept. With a youth population of...

World Bank Supports Nigeria, Others with N254bn Solar Power Project The World Bank, Clean Technology Fund and the Dutch Cooperation are to finance the $338.7m (N254bn at the official exchange rate of N750.6/$) solar power projects in Nigeria and other countries in West Africa. Parties in...