To Fund $2bn Abidjan-Lagos Expressway, ECOWAS Seeks W/Bank's Support   The Economic Community of West African States has requested funding support from the World Bank for the construction of the 1,080km six-lane Abidjan-Lagos Highway. It stated that the $22.72m mobilised by the European Union and African Development...

ITU, W/Bank Move To Boost Financial Inclusion   Worried about the slow adoption rate in digital transactions in developing countries, Nigeria inclusive, the International Telecommunications Union (ITU), is considering new measures on how to create more global awareness around digital transactions, that will make more people...

FG Hasn't Concluded Talks On World Bank PSRP Loan - Fashola The federal government has not concluded its negotiation of a $2.5 billion loan expected from the World Bank in support of the implementation of its Power Sector Recovery Programme (PSRP), the Minister of Power,...

NIGER, 2 Others to Benefit From World Bank Education Global Practice Program   Niger State and two others are to benefit from the World Bank, Education Global Practice program. The others are Edo and Kebbi States. Indication to this came to the fore in Abuja on Wednesday...

NNPC’s 3months Deduction For Subsidies Surpass 2017 Disbursement, W’Bank Reports   The Nigerian National Petroleum Corporation’s (NNPC) deductions from crude oil sales revenue for petrol subsidies in the first three months of 2018 alone exceeded the deductions for the whole of 2017, a report by the...

Senate, others warn FG on Debt Trap The Senate and Nigeria Sovereign Investment Authority (NSIA), have warned the Federal Government against returning the country into the erstwhile debt trap. Neverthelesss, the Senate eventually approved President Muhammadu Buhari’s request for $2.78 billion Eurobond, it reiterated the concerns...