Nigeria spent ₦7.7 trillion on interest payments in the first half of 2026, up from ₦5.6…
Tag: World Bank
Tinubu Tells Govs: Use Increased Revenues To Improve Nigerians’ Living Standards
President Bola Tinubu has called on state governors to manage their increased revenues responsibly and channel…
FG Shifts Uncompleted 2026 Projects To 2027 Budget
The Federal Government has announced plans to roll outstanding projects and expenditure obligations under the 2026…
W’Bank Lifts Nigeria’s Growth Forecast, Warns Of Election Spending
The World Bank has upgraded Nigeria’s economic growth forecast for 2026 to 4.3 per cent, pointing…
Bayelsa Clears World Bank Hurdle For Yenagoa Water Project
…as PLWDs Honour Gov Diri For Disability Inclusion Bayelsa State has scaled the World Bank’s assessment…
FG: 668,000 Meters Installed On Customers’ Premises
The Federal Government has disclosed that about 60 per cent of active electricity customers across Nigeria…
Tinubu Nears Buhari’s World Bank Borrowing Record With $11.4bn Approvals In Three Years
President Bola Tinubu’s administration has secured $11.40 billion in World Bank loan approvals within three years,…
World Bank Approves $1.25bn Loan For Nigeria To Support Economic Reforms
The World Bank has approved a fresh $1.25 billion financing package for Nigeria under its Nigeria…
World Bank Awards $27m To States For Education, Healthcare Reforms
Five Nigerian states are set to receive a combined $15 million in performance-based grants under the…
FG Cancels $717.7m World Bank Power Loan Amid Electricity Crisis
The Federal Government has terminated $717.7 million in undisbursed funding from the World Bank meant to…