Tag: World Bank
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Naira drops on the official market despite Cardoso’s market optimism
Under growing pressure from the U.S. dollar index, the naira softened by 71 basis points in the official market, indicating improved stability in the...
World Bank pays $45.5 million for the ID4D project in Nigeria despite data security worries
The National Identity Management Commission (NIMC) has received $45.5 million from the World Bank thus far as part of the Digital Identification for Development...
TRCN Issues Warning of ‘Naming and Shaming’ to Uncover Unqualified Teachers
The registrar of the Teachers Registration Council of Nigeria (TRCN), Josiah Ajiboye emphasized the urgent need to tackle the issue of unqualified teachers in...
FG obtains a $500 million loan from the World Bank for the electrical industry
Following the nationwide price rise for the nation's largest consumers last month, the federal government has obtained a $500 million World Bank loan to...
Nigerian Government Secures $2.2 Billion Loan from World Bank
Finance Minister Wale Edun has announced the Federal Government's anticipation of a $2.2 billion loan from the World Bank and budgetary support from the...
