Economy
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Fresh $750 million Loan: Your reports inconsistent, lack details on revenue — World Bank slams NNPCL
The World Bank has said that the reports submitted by the Nigerian National Petroleum Company Limited (NNPCL) to the Federal…
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IFC, CBN partner to boost local currency financing in Nigeria
The International Finance Corporation (IFC), a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have…
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IMF denies asking Tinubu to remove fuel subsidy, says it’s domestic affair
The International Monetary Fund (IMF) has denied playing a role in the removal of fuel subsidy by the President Bola…
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Finance Minister Edun confirms FG’s plan to raise VAT on luxury goods to 15%
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has confirmed that the Federal government would…
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Diaspora Nigerians to get BVN – CBN Governor Cardoso
Nigerians in theDiaspora are to obtain Bank Verification Numbers (BVN),before the end of the year. The Governor of the…
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Economic Hardship: World Bank cautions Tinubu’s govt against wasteful spending
The World Bank has expressed concern about Nigeria’s financial management, criticizing the government’s spending practices amid growing economic challenges. …
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How Buhari reversed Nigeria’s 16-year economic gains – World Bank
Between 2015 and 2022, Nigeria witnessed a reversal of economic gains, as recorded by Presidents Olusegun Obasanjo, Umaru Yar’Adua, and…
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Why Nigeria must audit NNPC World Bank
World Bank’s latest report has recommended auditing NNPC and sustaining policies for long-term growth despite short-term hardship. The World…
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Inflation pushes 129m Nigerians into abject poverty, World Bank raises the alarm
The World Bank has released the Nigeria Development Update report, stating that over 129 million Nigerians are currently trapped in…
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National Grid Collapse: Business owners count losses, want government intervention
MANY business owners in the Federal Capital Territory (FCT), have continued to count their losses following grid collapse that occurred…
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