The World Bank has revealed that despite Nigeria’s recent reform gains, an estimated 139 million citizens still live in poverty. Speaking at the launch of the latest Nigeria Development Update (NDU) report in Abuja on Wednesday, the Bank’s Country Director for Nigeria, Mathew Verghis, commended the federal government for implementing bold macroeconomic reforms, including the …
By Esther Ososanya As BRICS leaders gathered for a high-stakes summit in Rio de Janeiro on Sunday, U.S. President Donald Trump escalated tensions by announcing a proposed 10% tariff on countries aligning with what he called the group’s “anti-American policies”. The threat, posted on his Truth Social account, comes as the bloc which now includes …
The Federal Government has reaffirmed its commitment to tackling Nigeria’s infrastructure challenges through bold, transparent partnerships with the private sector. President Bola Ahmed Tinubu, represented by Vice President Kashim Shettima, made the call while declaring open the 2025 Nigeria Public Private Partnership (PPP) Summit in Abuja. Organised by the Infrastructure Concession Regulatory Commission (ICRC), the …
