Search Result for: world bank
Tinubu’s Nigeria Secures Another $1.25 Billion World Bank Loan as Debt Hits N159 Trillion
The World Bank has approved a fresh $1.25 billion loan for Nigeria under its Nigeria Actions for Investment and Jobs Acceleration programme, marking...
World Bank Cancels $717 Million After Tinubu Government Took $796 Million to Fix Electricity Yet Most Nigerians Still in Darkness
In a devastating blow to Nigeria’s already crippled power sector, the World Bank has cancelled $717.7 million in undisbursed electricity loans. The decision...
ADC Chieftain Alleges N800 Billion FAAC Diversion By Tinubu Administration, Citing World Bank Report
The African Democratic Congress has raised serious allegations against the administration of President Bola Tinubu, claiming that a staggering N800 billion from the...
Tinubu wants to borrow Nigeria into more debt as citizens storm World Bank comments to block fresh loan
The World Bank’s social media pages have become an unlikely battleground this week, overwhelmed by a torrent of angry Nigerian voices demanding the...
World Bank and IMF face accusations of hypocrisy over opposition to Dangote’s East African refinery plan
A fierce debate is brewing across African energy and economic circles after claims emerged that the World Bank and the International Monetary Fund...
World Bank Exposes N34 Trillion Hidden Spending as Finance Minister Dismisses Report in Shameful Press Release
The government of Nigeria has been thrown into a deep fiscal crisis following a bombshell World Bank report that exposed a hidden spending...
World Bank Praise for Tinubu Reforms Collides With 63 Percent Poverty Reality in Nigeria
Nigeria’s economic direction under President Bola Tinubu is marked by worsening living conditions, rising poverty, and expanding debt exposure. The latest Nigeria Development...
World Bank steps up support for Mali’s education sector
The World Bank has reaffirmed its commitment to Mali’s education system, pledging stronger support to help improve access, quality, and governance across the...
Nigerian Government Pushes “IMF-Debt-Free” Media Narrative As Nigeria Becomes Africa’s Largest World Bank Debtor
A Nigerian social media influencer has resurfaced a four-month-old news report from Arise News, subtly suggesting that under President Bola Tinubu’s regime, the...
Niger: World Bank Approves $400m to Rehabilitate Key Road Network Linking Maradi and Zinde
The World Bank has approved $400 million to support a major road infrastructure project in southern Niger, aimed at boosting economic connectivity, climate...
Gabon Repays $29.8 Million Debt to World Bank
The government announced that Gabon has fully repaid its debt to the World Bank, amounting to 17.9 billion FCFA ($29.8 million). According to...
World Bank Uncovers $32 Million of Missing Funds from Nigerian Water Project
The World Bank has disclosed that $32 million is unaccounted for in the Nigerian water infrastructure project, raising serious concerns about financial mismanagement...