$500 Million Loan: World bank replies Nigerian Minister

$500 Million Loan: World bank replies Nigerian Minister

World bank responded to Nigerian Minister of women affairs, Mrs Uju Kennedy Ohanenye, on the issue of victimization of $500 million loan. According to the statement on the Arise Television in today’s news, the  Minister blackmailed some persons in the government where she was victimized of refusing to endorse a$500 million of world Bank loan. … Read more

Nationwide protest: Tinubu refuse to give governors N570 billion-Makinde

Nationwide protest: Tinubu refuse to give governors N570 billion-Makinde

On the heels of the ongoing nationwide protest, the Oyo state Governor Seyi Makinde vehemently stated, “I must set the record straight, this is another example fact being twisted and misrepresented” According to Governor Seyi Makinde of Oyo state in his statement, says the N570 billion released to governors was not a handout or bailout … Read more

African Union (AU): seeks to align with Arab nations to prop-up trade investment

African Union (AU): seeks to align with Arab nations to prop-up trade investment

    On this page are guidelines how African Union seeks to align with the Arab nations to prop-up  trade investment into the pinnacle of height  across African continent. The Chairperson of the African Union Commission, Mr. Moussa Faki, makes this appeal during the 33rd session of the Arab Summit in Bahrain, which ended on … Read more

World Bank anticipates Africa’s public debt to decrease in 2024

World Bank anticipates Africa’s public debt to decrease in 2024

  On this page, here is the latest report from the World Bank Group anticipates that the level of public debt held by African  countries will decrease in the year 2024. Low-income African countries has stocks  in a loop of debt servicing instead of channeling funds to national development. The World Bank thinks 2024 could … Read more

New Financing Tools by World Bank 2024

World Bank anticipates Africa’s public debt to decrease in 2024

This article is about new financing tools by the world bank group and it will help to give  understanding to the new financial implementations formed to boost lending capacity by the world bank group. WASHINGTON, April 19, 2024 New financial instruments formed to boost lending capacity and enable the World Bank forum to take on … Read more