Tag: World Bank
Tinubu’s loans bone-crushing to Nigerians, country sinking further into debts – Atiku
Atiku Abubakar, the 2023 presidential candidate of the Peoples Democratic Party, PDP, has characterised the loans taken by President Bola Tinubu as bu [...]
Naira among worst performing currencies in Africa – World Bank
The World Bank says the naira is among the worst-performing currencies in sub-Saharan Africa in 2024.
In its regional economic outlook report ‘ [...]
Tinubu’s govt borrows $6.45bn from World Bank in 16 months
The Federal Government has secured loans worth $6.45bn from the World Bank in just 16 months.
The amount increased to the new figure following the [...]
Okonjo-Iweala announces intention to seek another 4-year term as WTO DG
Ngozi Okonjo-Iweala, director-general (DG) of the World Trade Organisation (WTO), has officially announced her intention to seek another four- [...]
With $16.5bn debt, Nigeria now third largest debtor to World Bank
Nigeria is now the third-largest debtor to the World Bank’s International Development Association (IDA) as of June 30.
According to the World Bank, [...]
Akuboh Victor Uneojo, Innocent Diyoke banned by World Bank for committing fraud, corruption
Two Nigerian businessmen, Akuboh Victor Uneojo and Innocent O. Diyoke including Diyoke's firm, Diyokes Consultants Limited have been banned by World B [...]
I’m being victimised by cabals in government because I refused to sign $500m world bank loan request – Uju Kennedy-Ohaneye
The embattled Minister of Women Affairs, Uju Kennedy-Ohanenye has said that she is being victimised by some cabals in government because she refused t [...]
Women Affairs minister, Uju Kennedy-Ohaneye struggles to name 6 states earmarked for $500m World Bank project (Video)
Minister of Women Affairs, Uju Kennedy-Ohanenye, struggled to name six pilot states for a $500 million World Bank project, sparking mixed reactions fr [...]
Tinubu’s renege on promise not to borrow, takes $4.1bn loan in one year
On August 9, 2024, President Bola Ahmed Tinubu inaugurated a tax committee with mandate to raise revenue because his government inherited a ‘bad gover [...]
Wazobia Fm founder, Amin Moussalli disbarred by World bank for fraud, corrupt practices
Amin Moussalli, the founder and chief executive officer of AIM Consultants, a construction and communications firm, owners of Cool Fm, Wazobia Fm, Nig [...]