• Cardoso Steps Up as New Leader of Nigeria’s Delegation to World Bank-IMF Meeting, Replacing Ill Edun

    Due to the illness of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, the Governor of the Central Bank of Nigeria...

    Cardoso replaces ‘ill’ Edun as leader of Nigeria delegation to World Bank-IMF meeting
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    Due to the illness of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, will now head Nigeria’s delegation at the upcoming World Bank and International Monetary Fund (IMF) Annual Meeting in the United States. The conference is scheduled to commence...
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  • World Bank Report Unveils Government’s Economic Shortcomings – ADC Reacts

    The African Democratic Congress (ADC) has sharply criticized the APC-led federal administration for exacerbating poverty and economic distress throughout Nigeria. The party insists that the...

    World Bank report exposes government’s economic failures —ADC
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    The African Democratic Congress (ADC) has sharply criticized the APC-led federal administration for exacerbating poverty and economic distress throughout Nigeria. The party insists that the recent World Bank report, which reveals that 139 million Nigerians now live below the poverty threshold, serves as undeniable proof of governmental shortcomings. In a forceful statement released on Thursday...
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  • Could Europe Tap Russian Assets to Fund Ukraine-and Will Moscow Strike Back? | Business and Economy News

    European Union officials are exploring a proposal to establish a “reparations mechanism” that would leverage frozen Russian government funds to extend a $164 billion loan...

    Will Europe use Russian assets to fund Ukraine? Could Moscow hit back? | Business and Economy News
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    European Union officials are exploring a proposal to establish a “reparations mechanism” that would leverage frozen Russian government funds to extend a $164 billion loan to Ukraine, aimed at supporting the country’s post-conflict rebuilding efforts once hostilities with Russia conclude. During a summit in Copenhagen, Denmark, EU leaders voiced a blend of enthusiasm and prudence...
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  • World Bank Applauds FCT’s Groundbreaking Climate Initiative

    Following a comprehensive three-year evaluation, the World Bank has recognized the Federal Capital Territory (FCT) as a standout performer in the effective execution of the...

    World Bank Praises FCT’s Climate Project
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    Following a comprehensive three-year evaluation, the World Bank has recognized the Federal Capital Territory (FCT) as a standout performer in the effective execution of the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) initiative, setting it as a model for others to emulate. This commendation was delivered during an on-site inspection by a senior World Bank team,...
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