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World Bank

How Nigeria got over $1 billion from donors in four years to fight malaria

NIGERIA received at least $1.147.5 billion in foreign aid to fight malaria between 2014 and 2017 as the country sought to achieve its National...

CBN committed to reducing Nigeria’s demand for forex – Emefiele

...COVID-19 responsible for Nigeria's huge debt - Finance Minister THE Central Bank of Nigeria Governor (CBN), Godwin Emefiele, has said that the apex bank is...

As Easter celebrations wind up: Chicken, a luxury, say consumers

JUST recently, the National Bureau of Statistics (NBS), in its Consumer Price Index (CPI) report for March 2022, revealed that Nigeria's inflation increased to...
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72% of Nigeria’s health budget spent on salaries, running offices in 11 years

NIGERIA has spent 72 per cent of its health sector budgets to pay salaries and run offices in the past 11 years. Data from the Budget...

World Bank says FG’s failure to stick to reforms threatens Nigeria’s economic growth

THE LATEST World Bank Nigeria Development Update (NDU), released in Abuja on November 23, said Nigeria's economic growth prospects have been undermined by the...

Poverty rate worst in Nigeria’s North-East, new World Bank report says

A new report by the World Bank says Nigeria's North-East and regions around Lake Chad basin are troubled by a very high poverty rate. The ...
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Salaries, costs of running offices gulp 73% of Nigeria’s 2022 health budget

PAYMENT of workers' salaries, training of staff, cost of running offices and related matters will consume 73 per cent of the budget proposed for...

World Bank blacklists four Nigerian firms for procurement fraud

THE World Bank has suspended at least four Nigerian firms for engaging in procurement frauds. One of the firms is Sargittarius Nigeria Limited, located...

Recent

Tinubu support group rejects consensus candidate, calls for indirect primary

TINUBU Media Team, a support group for former Lagos State governor Bola Tinubu, has rejected calls for the adoption...

Makoko residents reject planned demolition of their community

RESIDENTS of Makoko, Oko-Agbon and Sogunro in the Lagos Mainland Local Government, Lagos State, have resisted the planned demolition...

FG suspends Accountant-General over alleged N80 billion fraud

THE Federal Government has suspended the Accountant-General of the Federation Ahmed Idris over his alleged involvement in an N80...

APC reschedules presidential primary election

THE All Progressives Congress (APC), has said its presidential primary election has been rescheduled to hold on May 29,...

Tax payment: FAAC, FIRS rank NNPC high despite zero FAAC remittance

The Nigerian National Petroleum Company (NNPC) has failed to remit money to the federation account despite posting high remittances...
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