The World Bank and Nigeria are in talks for about $2.5 billion in a new tranche of concessionary lending to Nigeria, the bank’s Vice President for Africa
To ease the mounting debt burden, Nigeria has sought more credit with low interest and long repayment periods from institutions including the World Bank and the African Development Bank.
“It’s important to resolve the problems of the power sector in Nigeria to bring in more investments,” he said. “Because you need to bring down the cost of power to make the economy more competitive for the development of industries.”
The Court of Appeal in Makurdi, Benue State, on Thursday dismissed an appeal filed by…
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Nigerian singer Yemi Alade has criticized prominent media outlets Cool FM and Clout Africa, accusing…
Senator Adamu Aliero, representing Kebbi Central, has announced that the Nigerian military successfully expelled the…
The Supreme Court has struck down the National Lottery Act of 2005, ruling that the…
As Nigerians express their frustrations over the recent fuel price hikes by the Nigerian National…