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Tag "World Bank"

Report: Eni suspends OPL 245 arbitration at World Bank— days after FG withdrew $1.1bn suit

    Report: Eni suspends OPL 245 arbitration at World Bank— days after FG withdrew $1.1bn suit

Eni, an Italian oil company, has temporarily suspended arbitration in the oil prospecting licence (OPL) 245 dispute with the Nigerian government at the World Bank. According to Reuters, the suspension

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World Bank: We’ve committed over $11bn to Nigeria in 3 years | Country at critical stage

    World Bank: We’ve committed over $11bn to Nigeria in 3 years | Country at critical stage

Shubham Chaudhuri, World Bank country director for Nigeria, says the bank has committed over $11 billion in the past three years to the government at both the federal and the

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FEC approves $3.45bn World Bank loan | Power tops list

    FEC approves $3.45bn World Bank loan | Power tops list

The federal executive council (FEC) has approved the sum of $3.45 billion in loans for the execution of five projects. The council meeting, presided over by President Bola Tinubu, was

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Akpabio: Nigeria’s destiny NOT in the hands of World Bank

    Akpabio: Nigeria’s destiny NOT in the hands of World Bank

Senate President Godswill Akpabio says Nigeria’s destiny is not in the “hands” of the World Bank as the organisation does not understand the country’s challenges. Akpabio spoke in Akwa Ibom

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Tinubu appoints Olasupo Olusi, World Bank economist, as BoI CEO

  Tinubu appoints Olasupo Olusi, World Bank economist, as BoI CEO

President Bola Tinubu has appointed Olasupo Olusi, a World Bank economist and development finance expert, as the new managing director

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Moghalu faults FG’s $1.5bn World Bank loan, SUVs purchase for lawmakers

  Moghalu faults FG’s $1.5bn World Bank loan, SUVs purchase for lawmakers

Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria (CBN), has faulted the federal government’s plan to borrow

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FEC approves $1.5bn, $80m loan from World Bank, AfDB

  FEC approves $1.5bn, $80m loan from World Bank, AfDB

Wale Edun, the minister of finance and coordinating minister of the economy, says the federal executive council (FEC) has approved

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Wale Edun: Tinubu’s reforms widely recognised as key to Nigeria’s economic recovery

  Wale Edun: Tinubu’s reforms widely recognised as key to Nigeria’s economic recovery

Wale Edun, minister of finance and coordinating minister of the economy, says President Bola Tinubu’s policies have been widely recognised

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‘I felt their yearning’ — World Bank president praises Nigerian entrepreneurs

  ‘I felt their yearning’ — World Bank president praises Nigerian entrepreneurs

Ajay Banga, World Bank president, says he feels the yearning among entrepreneurs in Nigeria to contribute to the growth of

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World Bank: Africa spends 7.6% of GDP to service debt — it discourages investors

  World Bank: Africa spends 7.6% of GDP to service debt — it discourages investors

Ajay Banga, World Bank president, says debt servicing is consuming 7.6 percent of Africa’s gross domestic product (GDP). Banga, on

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