30 results
- 25 May 2026
Nigeria is World Bank’s Third-Largest Borrower with $18.5Bn - IDA
Nigeria has retained its position as the third-largest borrower from the International Development Association (IDA), the concessional lending arm of the World Bank, despite a slight decline in its…
- 1 May 2026
FG Owes World Bank $2.08Bn in 2025 – Report
Nigeria’s debt to World Bank's International Development Association (IDA) rose by $2.08 billion in one year to $19.89 billion as of December 31, 2025, according to an analysis of external debt stock…
- 4 Jun 2013
The World Bank Doles $60m to Support Telecom in Togo, Mauritania
Board of executive directors of the World Bank has approved $30 million each in International Development Association (IDA) credits to support the governments of Mauritania and Togo’s efforts…
- News19 Aug 2026
FG Gets New $1.25Bn World Bank Loan Boost Job Creation
Federal Executive Council (FEC) has approved a $1.25 billion financing facility from the International Development Association (IDA) and the International Bank for Reconstruction and Development (IBRD) to support Nigeria’s actions for investment and job acceleration development policy financing.
- 19 Jun 2020
Court Orders Zenith Bank to Refund $8,541 Illegal Deductions to Customer
A Chief Magistrates’ Court in Gwagwalada, FCT, on Friday ordered Zenith Bank PLC to reverse 8,541 dollars illegally deducted from the account of one of its customers, Mr Ida Gabriel. Delivering…
- 10 Jun 2014
Revealed! How Middle Eastern Backers Fund Boko Haram
Boko Haram’s recent attacks are notable for the expensive military hardware on display. Where is it getting funds to acquire these hardware? The Independent reports on the sources of this money, from…
- 2 Oct 2017
Imode, Kwara Community’s Digital Literacy Centre, ICT Roadmap Unveiled
By peter oluka In a tactical move to become a digitally smart community that delivers a decent living and respectable future to its people, irrespective of their social status, Imode Community in…
- 13 Jun 2021
World Bank Provides $465M for Energy Expansion in West Africa
The World Bank Group is extending $465 million to support the Economic Community of West African States (ECOWAS) expand access to grid electricity to over 1 million people. The fund will help the…
- 30 Oct 2017
Localisation of IT for Development: Imode, UNN Example
By Chukwuemeka Fred Agbata The National Information Technology Policy (NITP) received a boost with two recent events; one at Imode Community, Kwara State and the other at University of Nigeria Nsukka…
- 8 Jul 2014
FireEye Inaugurates Labs Advanced Reverse Engineering Team, Challenge
FireEye, a renowned network security company, announced on Monday the formation of the FireEye Labs Advanced Reverse Engineering Team and Challenge, also known as FLARE FireEye is known for…
- 11 Oct 2017
Paradigm Initiative Commends Imode Community On DiLiCe Project
By peter oluka Paradigm Initiative, a social enterprise that builds an ICT-enabled support system and advocates digital rights in order to improve livelihoods for under-served youth, has applauded…
- 9 Nov 2025
FG Seeks Fresh $500m World Bank Loan for MSMEs
Federal government is seeking a fresh $500m loan from the World Bank to expand access to finance for micro, small, and medium enterprises (MSMEs) across the country. The proposed facility, titled…
- 15 Jul 2019
IFC, Citibank Provide $1.2 Billion to Support Trade in Emerging Markets
IFC, a member of the World Bank Group, and Citi announced the signing of a $1.2 billion risk-sharing facility to help stimulate the growth of trade in emerging markets and to support economic…
- 3 Jun 2016
Operators to Enjoy Wider Access Berth in NCC New Regulation Strategy
Nigerian Communications Commission (NCC) has said that telecommunications operators will enjoy wider access in its Over-The-Top (OTT). The OTT’s regulation strategy was contained in a report issued…
- 16 Oct 2017
Film Producer Drags Multichoice to Court over Unlawful Airing of Yoruba Movie
Mr. Lateef Onida, a film Producer, and his company LAT -Larry Film Company whose film ‘Aroni Rogun Matidi’ was allegedly infringed by Multichoice Nigeria Limited has slammed N25 million suit on the…
- 25 Sept 2025
IFC Provides Local Currency Support to Access Bank to Expand SME Lending
To help address financing gaps, strengthen private sector growth, and promote inclusive economic development in Sierra Leone, IFC announced a partnership with Access Bank (Sierra Leone) Ltd (ABSL) to…
- 5 Apr 2017
81 Young Innovators win N700m Technical Grant
The Federal Ministry of Industry, Trade and Investment has approved the sum of N756.3 million for disbursement to 81 Nigerian innovators as part of Federal Government’s economic empowerment…
- 6 Apr 2017
FG Lauds Shittu, Pantami as 81Techpreneurs Get N756.3m
Federal government has applauded the roles played by Adebayo Shittu, minister of Communications and Dr. Isa Pantami, director general of National Information Technology Development Agency (NITDA) for…
- 25 Jan 2018
IFC Uses Innovative Tool to Help Unlock $500M Investment in West Africa
Using an innovative finance tool to spur more development in low-income countries, IFC, a member of the World Bank Group, announced yesterday the completion of a $9 million investment that aims to…
- 23 Jul 2018
IFC, Citibank Provide $1.2B to Support Trade in Emerging Markets
IFC and Citi announced yesterday the signing of a $1.2 billion risk-sharing facility to help stimulate the growth of trade in emerging markets and to support economic development. This initiative…
- 13 Apr 2022
IFC, Lagos State Partner to Expand Access to Sustainable Urban Transport
To increase access to public transportation and reduce vehicle emissions in Lagos, Nigeria, IFC has partnered with the Lagos State Government to support the development of two bus corridors in the…
- 6 Dec 2022
IFC Approves Loan to Airtel Africa to Support Mobile Internet Connectivity Expansion Across Africa
To support universal and affordable broadband access in Africa, and the opportunities that come with increased connectivity, IFC yesterday announced a loan to Airtel Africa to help connect millions…
- 28 Jun 2024
IFC Partners Deutsche Bank to Boost Trade Finance in Africa with a Focus on Small, Fragile
To help provide vital financing to importers and exporters of essential goods in Africa, especially in small, fragile, and conflict-affected states, IFC announced a risk-sharing facility with…
- 6 May 2013
World Bank Unveils Strategy in New Nigerian Portfolio
The World Bank’s new Country Partnership Strategy would focus on three pillars - sustainability and inclusive growth, human development and governance, to achieve results. Marie-Francoise…
- 4 Dec 2020
GSMA Launches Framework to Improve Digital Inclusion for Persons with Disabilities
To mark the International Day of Persons with Disabilities, the GSMA is launching the ‘Principles for Driving the Digital Inclusion of Persons with Disabilities’. The Principles aim to further…
- 23 Mar 2016
IFC, Ecobank, Other Partner to Boost SME Finance Across Africa
IFC, a member of the World Bank Group, the European Investment Bank (EIB) and Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group and leading pan-African full-service…
- 13 Dec 2021
5G: FG to Pocket $546m as NCC Declares MTN, Mafab Winners of 3.5GHz Spectrum Auction
Nigerian Communications Commission (NCC) has declared MTN Nigeria and Mafab Communications winners of the two slots of the 3.5GHz spectrum auction for the Fifth Generation (5G) network licenses. The…
- 13 Dec 2021
Breaking...... Bidders Push 5G License to $224m Per Slot
After five rounds auctions for the for Nigeria’s Fifth Generation (5G) network license, the current bid price per lot of the 3.5GHz spectrum has now hit $224, 414, 217.43. The first round began at…
- 14 Dec 2021
5G License: Bashir and Mafab Communications Connections
Mafab Communications Ltd., is a little known local provider of telecom services, that edged out Airtel on Monday at the auction for one of the two slots of the 3.5GHz spectrum for the Fifth…
- 15 Dec 2021
5G Auction: NCC not Aware of Senator Bola Tinubu’s Connection to Mafab Communications Ltd
Nigerian Communications Commission (NCC) has said it was not aware of Senator Bola Tinubu, national leader of ruling All Peoples Congress (APC) connection to Mafab Communications Ltd, the winner of…