The Country Director, World Bank, Shubham Chaudhuri, says Nigeria’s decision to postpone the full deregulation of the downstream sector of the petroleum industry by 18 months...
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...
The World Bank has debarred nine Nigerian individuals and firms from executing any contract with it for engaging in corrupt, fraudulent, and collusive practices. This is...
The World Bank has stated that Nigeria is among a list of top 10 countries with high debt risk exposure. It stated this in the financial...
The World Bank on Thursday projected that the number of poor Nigerians will increase from the current 90 million to about 100 million by 2022 due...
The federal government is planning to borrow $750 million on behalf of states to stimulate local economies in Nigeria. Minister of Finance, Budget and National Planning,...
Despite wide support for Ngozi Okonjo-Iweala, Nigeria’s candidate for the director-general of the World Trade Organisation (WTO), the US has reportedly expressed its opposition to her...
Vice President Yemi Osinbajo is enlarging the pool of options open to Nigeria in achieving the Buhari Presidency plan to turn the current economic challenges to...
Nigerians should brace for new taxes for soft drinks, the Minister of Finance, Budget and Planning, Mrs. Zainab Ahmed, said on Thursday. Responding to reporters’ inquisitions...
The Federal Government has again clarified its stance on the removal of fuel subsidy, saying it had no plan to do so in the immediate future....