Business Hilights

Tracking Nigeria's Headline Business News Online

World Bank Country Director for Nigeria

One month after, NIMC silent on W’Bank facility for NIN, NDIEP

On Wednesday (February 18, 2020) in Washington DC, the World Bank announced the approval of Nigeria’s digital identity ecosystem project along with five others, aimed at assisting the country to empower citizens, especially marginalised groups, to access welfare-enhancing services. The…

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ICT

World Bank defines digital economy for Minister, decries inadequacies

Barely one month after the Minister of Communications and Digital Economy, Dr Isah Pantami, convinced President Muhammadu Buhari to add control of ‘Digital Economy’ to his watch in the ministry, World Bank decries Nigeria’s inadequate digital infrastructure. However, whereas the…

W’Bank rescues Nigeria’s power transmission system with $486m

There are strong indications that the embarrassing story of inability to move generated powers from dams and power plants may soon be a thing of the past as the World Bank has approved an International Development Association (IDA) credit of…