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Fed Govt To Launch $750m World Bank-backed Programme

Fed Govt To Launch $750m World Bank-backed Programme   The Presidential Enabling Business Environment Council, on Tuesday, unveiled its plans to kickstart a $750m World Bank-funded programme in January next year. This was as Vice President Yemi Osinbajo, on Tuesday, said the kind of business environment Nigeria...

Governors Set to Discuss Nigerians’ Economic Hardship – Barkindo

Governors Set to Discuss Nigerians’ Economic Hardship - Barkindo The Nigeria Governors Forum says they will meet on Wednesday to discuss the country's economic hardship and seek a solution. This was revealed in a statement by the NGF spokesperson, Abdulrazaque Bello-Barkindo, on Tuesday in Abuja. He said...

Nigeria’s Debt To World Bank Increases By $660m

Nigeria’s Debt To World Bank Increases By $660m The total debt owed to the World Bank Group by Nigeria rose by $660m in the first six months of 2022. This is according to data from both the Debt Management Office and the financial statements of the...

In Three Years, Diaspora Nigerians Remit $60.22bn – World Bank

In Three Years, Diaspora Nigerians Remit $60.22bn - World Bank The World Bank and Budget Office of the Federation data has revealed that Nigerians in Diaspora remitted $60.22bn in the three years to boost economic activities and the nation’s external reserves. The World Bank noted that...

Nigeria Makes List of Top Five Debtors’  – World Bank 

Nigeria Makes List of Top Five Debtors’  - World Bank  The World Bank Financial reports have revealed that Nigeria is now ranked fourth among world top debtors. According to the newly released World Bank Fiscal Year 2022 audited financial statements for International Development Association (IDA), the...

Fed Govt Pays N405bn Interest On CBN Loans

Fed Govt Pays N405bn Interest On CBN Loans   The Federal Government paid an interest of N405.93bn from January 2022 to April 2022 on the loans it got from the Central Bank of Nigeria through the Ways and Means Advances. This is according to data obtained from...