By Esther Agbo The World Bank has disbursed $751.88 million to Nigeria as part of a recently approved $1.5 billion loan. This disbursement falls under the Nigeria Reforms for Economic Stabilisation to Enable Transformation (RESET) Development Policy Financing Program (DPF)…
An alleged Indigenous Peoples of Biafra Volunteer Force (IPOBVF) member, Onwumere Ndubuisi, has disclosed that the reason he decided to escape from the country was to save his life from the pressures he was being subjected to in Nigeria. “It…
The World Bank has appointed Dr Ndiamé Diop as the new Country Director for Nigeria, a statement by the Bank has said. The statement obtained by the newsmen said Diop assumed his new position in Abuja on Monday and succeeded…
Nigeria, Ghana, Kenya and 75 other countries have signed the Samoa Agreement, a comprehensive framework aimed at promoting economic development, security, environment, migration, mobility, and climate change cooperation. The agreement, signed brings together 48 African, 16 Caribbean, and 15 Pacific…
The ECOWAS Court of Justice has dismissed a suit filed by a non-governmental organization (NGO) over alleged claims of human rights violations against Nigeria, for want of evidence. The NGO, the Registered Trustees of Human and Environmental Development Agenda Resource…
By Ola’ Ajao-Akala In the wake of recent unrest in Kenya, triggered by the controversial finance bill, there lies a poignant lesson for Nigeria—a warning about the potential consequences of perceived governmental insensitivity during times of economic hardship. As the…
Since 1921 when the then Governor-General of Nigeria, Sir Hugh Clifford conducted the first census during the colonial era, with the country’s population put at 18.8 million, the nation has been battling with the problem of conducting an accurate and…
Nigeria, a nation teeming with potential, finds itself at a critical juncture. The persistent calls for restructuring grow louder by the day, yet the reluctance to take bold action threatens to push the country further into peril. Delaying restructuring is…
GIABA, an inter-governmental action group against money laundering in West Africa, says Nigeria recorded significant achievements in its war against money laundering and terrorism financing in 2023. GIABA said this in its 2023 annual report unveiled for ambassadors of member…
By Opeyemi Abdulsalam The World Bank has approved two financing facilities of $2.25 billion for Nigeria to support the Federal Government’s efforts to stabilize the economy. This was disclosed in a statement signed by the ministry’s director of information and…
