Former World Bank Boss, David Malpass, Commends Tinubu's Economic Policies   Former World Bank President, David Malpass, has commended President Bola Ahmed Tinubu's economic decisions since he assumed office on May 29 The former World Bank chief made the commendation through a tweet on his verified Twitter...

A Nation and its Appalling Debt Crisis By Karima Kabir Garba The editorial of the Punch newspaper of Monday, June 19, 2023, with the above title, is indeed apt. It could not have come at a better time, in view of the dire economic strait Nigeria...

FG Secures $750m World Bank Loan For Power Projects   The World Bank Group has approved a loan of $750m to boost Nigeria’s power sector. The loan with project ID P174622 was approved on June 9, 2023, making it the first World Bank loan approved under the...

Nigeria Spent $3.47bn on Phone, Generator Imports – Report The International Trade Center says Nigeria spent $3.47bn importing phones, generating sets, electrical transformers, and a host of other electrical equipment in 2022. The ITC gets its data from the National Bureau of Statistics and the United...

SDG 7 Agenda: Global Target on Energy Unattainable by 2030 - Report  A joint report from the International Energy Agency, the International Renewable Energy Agency, the United Nations Statistics Division, the World Bank, and the World Health Organization, published on Tuesday, reveals that the global...

Nigeria’s Economic Growth Too Slow To Reduce Poverty - World Bank   The World Bank, yesterday, warned that Nigeria’s economic growth is too slow to address the challenge of extreme poverty in the country. Meanwhile, the bank has retained its economic growth (Gross Domestic Product, GDP) forecast...