All Progressives Congress (APC) said it is heartened by global acclaim of President Bola Tinubu’s economic reforms that are yielding extraordinary results, and signaling that Nigeria now stands on the cusp of prosperity of a kind never before seen in our history. National Publicity Secretary of APC, Felix Morka,...
world bank
By DAVID IORJA, Abuja- Central Bank of Nigeria (CBN) Governor, Mr Olayemi Cardoso, will lead Nigeria’s delegation to the World Bank and International Monetary Fund Annual Meeting in Washington DC, which opens on Monday, October 13. A statement issued by the presidential spokesman, Bayo Onanuga, said Cardoso, as the...
On Saturday, Ghanaian President John Mahama equipped the Buzstop Boys, a dedicated sanitation group, with a major donation of tools. The contribution includes hundreds of wheelbarrows, shovels, brooms, gloves, and brushes to bolster their cleanup efforts nationwide, with a special focus on maintaining cleanliness in the capital city...
Federal Government, in collaboration with the World Bank, has evaluated the performance of Independent Verification Agents (IVAs) to pave the way for a $500 million reimbursement to stakeholders of the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) 2.0 Programme, covering all 36 states and the Federal Capital...
Dynamic leader of South Africa’s Economic Freedom Fighters (EFF), Julius Malema, has delivered a powerful address at the Nigerian Bar Association (NBA) Annual General Conference in Enugu on Sunday, August 24, 2025. He called on African nations to regulate loans from international financial institutions like the World Bank and...
The national Summit on Nutrition and Food Security organized by Nigeria’s House of Representatives entered its third day in Abuja on Thursday with various critical stakeholders and professionals offering suggestions on how to increase food production and combat hunger in Africa’s most populous nation. With its theme as “Curbing...
By AMOS MATHEW, Kaduna – Kaduna State Government is set to go into partnership in bringing together global development partners, government agencies, and education stakeholders to co-create a homegrown and inclusive education model. To achieve this desired goal, the state government is to host a high-level international education summit,...
By JOHN ONAH, Abuja – Kogi State Government has said it is accelerating reforms under the $750 million World Bank-supported SABER programme aimed at improving ease of doing business across the 36 states of the federation. Governor Ahmed Usman Ododo stated this while playing host to a one-day strategic...
By EMMANUEL KUJE, Abuja- Oilserv Limited, the contractor handling the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project, has successfully crossed the River Niger using the Horizontal Directional Drilling (HDD) special technique. This milestone marks a significant achievement in the 614km natural gas pipeline project designed to transport gas for power generation,...
Nigeria’s nutrition and early childhood development (ECD) landscape came into sharp focus this week with the release of a new country report based on the General Household Survey – Panel (Wave 5). The report, “Early Childhood Development in Nigeria: A Country Report on Early Childhood Development using the General...
By CALLISTUS OFFOR, Abuja- The Director General of the Nigeria Centre for Disease Control (NCDC), Dr. Jide Idris, has emphasized the urgent need for regional collaboration to combat public health threats across Western and Central Africa. Dr. Idris made the call while declaring open a pivotal Health Security Program...
World Bank has cut its global growth forecast for 2025 to 2.3%, citing mounting trade tensions and policy uncertainty, with growth forecasts being cut in nearly 70% of economies across all regions and income groups. According to the bank’s latest Global Economic Prospects report, this slowdown would mark the...
The Minister of Water Resources and Sanitation, Prof. Joseph Utsev, has urged the World Bank to increase its support for Nigeria’s plans to upgrade existing dams and develop new irrigation systems. He said the enhanced support would help advance the Federal Government’s vision of achieving food security and boosting...
The Federal Capital Territory Administration (FCTA) with support from the World Bank is building an inclusive and accessible capital territory with equal opportunities for Persons with Disabilities (PwDs). FCT Minister of State, Dr Mariya Mahmoud, stated this in Abuja on Thursday, at the close of a three-day workshop on...
The Federal Government has inaugurated the Steering Committee for the Sustainable Power and Irrigation for Nigeria (SPIN) project aimed to enhance national food security, water management, and climate resilience. The project, valued at $500 million and supported by the World Bank, aims to deliver large-scale multi-purpose infrastructure for irrigation...
The Federal Government, on Wednesday, launched the National Procurement Certification Portal, NPCP, to enhance effective and transparent utilisation of public finance to broaden economic development in the country. The NPCP, which is a World Bank sponsored project, is the initiative of the Bureau of Public Procurement, BPP, under the...
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says Nigeria is working with the World Bank to develop a job-creation agenda. Edun made this known during an interview with journalists after the World Bank Development Committee plenary held on Friday in Washington D.C. He...
The International Monetary Fund (IMF), has urged Nigerian Government to be prudent in spending following implementation of hard economic reforms that has made it to save more revenue. The Director, Fiscal Affairs Department IMF, Vitor Gaspar, said this at a Fiscal Monitor news conference at the ongoing 2025 IMF/World...
The International Monetary Fund (IMF) has released it new economic outlook report, reversing Nigeria’s economic growth projections for 2025 and 2026. The April report was released on Tuesday during World Economic Outlook (WEO) at a press briefing at the ongoing IMF/World Bank 2025 Spring Meetings in Washington, D.C. The...
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has stated that the Federal Government’s economic reforms will foster long-term resilience aimed at lifting millions of Nigerians out of poverty. Edun said this during the ongoing International Monetary Fund (IMF)-World Bank 2025 Spring Meetings in...