Reps Probe Alleged Fraud Of W/Bank Funds For Assets Insurance
The House of Representatives has urged the Federal Ministry of Finance, Budget and National Planning, the National Insurance Commission and all ministries, departments and agencies of the Federal Government to ensure proper actuarial valuation and...
W/Bank Demands Debt Transparency, Says Nigeria, Others Need $429bn
The World Bank has demanded debt transparency as a crucial step in countries’ development process, while it estimates that external financing needs in Nigeria and other low income developing countries will reach $429bn between 2023 and...
W/Bank Disagrees With CBN On Multiple Exchange Rates
The World Bank has said it disagrees with the Central Bank of Nigeria on how it is going about to achieve its price stabilisation objective.
The Country Director for Nigeria, World Bank, Shubham Chaudhuri, said this to our...
Nigeria’s Per Capita Income Same In 40 Years, Says W/Bank
The World Bank’s Country Director for Nigeria, Shubham Chaudhuri says the country’s per capita income is at the same level as 1981.
Speaking on Monday during a panel session at the 27th Nigerian Economic Summit (NES#27),...
FG To End Petrol Subsidy June 2022, W/Bank Condemns N2.9trn Funding
The World Bank has decried the continued spending by the Nigerian government on petrol subsidy, which it said is on track to gobble up N2.9tn this year.
Its Country Director for Nigeria, Shubham Chaudhuri, who...
'W/Bank Blacklists 18 Nigerian Firms, Individuals For Corruption'
The World Bank has blacklisted 18 Nigerian individuals and firms for engaging in corrupt practices, fraud and collusive practices in its 2021 fiscal year 2021, a new report has revealed.
A list of debarred individuals and firms was...
