Tag: World Bank

Opinion: Recession – Is the worst really over?

by Jideofor Adibe With Nigerians waddling through what is generally regarded as the country’s worst economic crisis in over two decades, the CBN Governor, Godwin Emefiele, has just dangled what some…

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Nigeria to get loans from the World Bank, China

Barely a week after the Nigerian economy officially entered into a recession, the Presidency has announced that it would receive loans form the World Bank, China’s Exim Bank, and the Japan…

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World Bank to grant Nigeria $500m for basic education scheme

The Information Officer, Universal Basic Education Commission, Helen Okoro on Thursday revealed that the World Bank will be granting Nigeria $500 million to fund basic education in five states for five…

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No World Bank staff was involved in Ekiti drowning mishap – Agency

Yesterday the online media was awash with the news that four surveyors had died in a boat mishap at the Egbe River in Ekiti state. The report said that the…

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THE YNAIJA TRACKLIST: Buhari has mismanaged the economy | Ngige warns banks over job losses | Fallout from Brexit will last for years | More

From the news this morning- a tracklist PDP declares Buhari has wrecked Nigeria's economy- YNaija Chris Ngige fires warning to Nigerian banks over job losses- Punch 18 kidnappers set to…

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Okonjo-Iweala

How Okonjo-Iweala celebrated her 62nd birthday (PHOTOS)

Former Minister of Finance, Ngozi Okonjo-Iweala celebrated her 62nd birthday on Monday, June 13. The private birthday shindig of the former minister was attended by family, friends and well-wishers. See pictures below.

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N17,000 for Nigerian IDPs to start afresh

The World Food Programme - set up by the United Nations to address hunger - is giving N17,000 to over 500,000 families displaced by the senseless attacks of terrorist sect, Boko Haram. The…

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‘It’s difficult to do business in Nigeria in 2016… than in 2015’ – World Bank

It is difficult to do business in Nigeria in 2016 than it was in 2015, the World Bank 'Doing Business Report' opines. However, the report also states that Nigeria moved…

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SERAP

SERAP to World Bank: ‘You must tell us how FG spent returned Abacha loot’

The Socio-Economic Rights and Accountability Project (SERAP) has sent an appeal to Access to Information Appeals Board against the World Bank on grounds that the bank provided “patently insufficient information”…

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Kemi-Adeosun-YNaija

FG hasn’t yet applied for loans from World Bank

Owing to the present state of the economy, speculations have been rife that Nigeria intends to borrow $3.5 billion in emergency loans from the World Bank and African Development Bank…

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THE YNAIJA TRACKLIST: Nnamdi Kanu seeks bail | Boko Haram sponsors can’t escape | Saraki absolves self from stolen N310 million | More stories

Why Bayelsa election killings must be probed. Premium Times Saraki says he's not the owner of N310 million stolen by DSS agents. This Day World Bank advises Buhari to remove oil…

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World Bank to Buhari: ‘This is the best time to remove fuel subsidy’

President Muhammadu Buhari has been advised by the World Bank to act now if his government is seriously in removing fuel subsidy. The Buhari government had initially intimated Nigerians on its plan to remove fuel…

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How Nigeria spent Abacha loot – World Bank

Socio-Economic Rights and Accountability Project (SERAP) is in possession of over 700 pages of documents containing information on how the recovered assets and loot from the late General Sani Abacha,…

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Buhari backs down, writes Saraki to request $75m loan for Edo

‎President Muhammadu Buhari has finally decided to put the interest of the nation before his grievances. He has written to Senate seeking approval for a $75 million loan from the World…

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World Bank appoints Arunma Oteh as VP and treasurer

Former Director General of the Security and Exchange Commission (SEC) Arunma Oteh has been appointed the Vice President and Treasurer of the World Bank. There'll be more details later.

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Opinion: What if the elections had held in February?

by Ralph Egbu ...we have closed our senses to doing the small things that matter and that omission has led to huge dislo­cations that are manifesting in the rule of…

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Opinion: 2015 – The year of endless possibilities

by Olu Onemola File photo We are the millions of children that could have been fed with the $255 million that was used to purchase bulletproof cars by a former…

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The Citizen-in-Chief: Obiageli Ezekwesili is the Y!/YNaija.com Person of the Year 2014

by The Editors Surely, you know this, that as you celebrated Christmas on the 25th of December this year, perhaps safely with friends and family, a crew of citizens like…

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Good times: World Bank to inject N322billion into Nigeria’s power sector

by Azubuike Azikiwe   The World Bank has pledged to support the Nigeria Power Sector Reform with $1.75 billion (N322,962,500,000) According to the Bureau of Public Enterprises, the monetary support…

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This is poverty alleviation in #Borno, Governor Shettima-style (LOOK)

by Kolapo Olapoju Going by Governor Shettima's example, poverty is not only alleviated by building infrastructures, creating employment, ensuring citizenry's welfare, and other similar nation building activities. Apparently, poverty can be…

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Opinion: Commemorating 2014 World Poverty Eradication Day – The Nigerian case

by Yusuf Ishaku Goje Like peace-building, the solution to poverty does not reside in quick-fix approach but in a sustainable humanitarian effort. Also, just like nation-building, combating extreme poverty requires the…

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Nigerian on the edge as Brent crude prices crash to 2-year low

by Tunji Andrews Tuesday saw oil prices crash, posting it's biggest one-day drop in two years on signs that the Organization of the Petroleum Exporting Countries was unlikely to cut…

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@NOIweala named African Finance Minister of the year

by Tunji Andrews   The Minister of Finance, Dr Ngozi Okonjo-Iweala, on Friday bagged the African Finance Minister of the year award for her outstanding performance as a finance minister.…

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Lagos is working, debts are piling up, Fashola explains why

by Emma Chidiogo The Governor of Lagos State, Babatunde Fashola, has said that the huge loans obtained by the administration is used in financing capital intensive projects as the Light…

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Paul Nwabuikwu: The lies of a disappointed man, Temitope Oshikoya

by Paul Nwabuikwu It is a shame that someone with the credentials of Dr Temitope Oshikoya would display the kind of dishonesty and moral turpitude present in his article, “Golden Girl…

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Nigerians are not as poor as you think we are – even the World Bank says so

by Tunji Andrews The recently announced re-based GDP figures that increased the estimated size of the Nigerian economy has again drawn attention to official poverty statistics. Data from the last comprehensive…

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State Government Debts: Is there an end to this dilemma?

A coalition of non-governmental organisations in Rivers state styling itself as the Niger Delta Citizens and Budget Platform (NDCBP), has expressed concern over a recent approval by the state House…

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Photo of the Day: This is how to fight the Nigerian police… to a standstill

by Isi Esene Fighting for your right in Nigeria is never an easy task and taking on about 50 fully armed policemen in the centre of Abuja is no less…

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Bayo Oluwasanmi: Oby Ezekwesili is perfect to be Nigeria’s first woman President

by Bayo Oluwasanmi   Ezekwesili is not just a Nigerian, she’s a special talent, well-educated with experience rooted in reform backgrounds with specialized training, lengthy resumes and increasingly elective experience.…

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Reno Omokri: Nigeria’s GDP rebasing adds value to every citizen

by Reno Omokri The thing that they fail to understand is that any Nigerian who discredits the rebasing of Nigeria's economy is discrediting himself. It was Nigeria's value that was…

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