Category : Search result: World Bank projects


Zenith Bank to Acquire Paramount Bank in Kenya

Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.

Nigerian banks post N14.7tn interest income

Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.

Wema Bank Holds Walk-In Interviews for Job Seekers

Wema Bank invites job seekers for nationwide walk-in interviews from Nov 17-21, 2025. Positions available for Commercial Relationship Management Officers. Bring your CV and credentials.

Presco Plans ₦23.7 Billion Rights Issue for Expansion

Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.

Ugborodo Stadium: Nigeria's Abandoned FIFA Project

Exclusive investigation reveals how Delta State's multi-million naira FIFA-funded stadium project turned into abandoned wasteland, exposing systemic corruption and failed sports development promises.

Katsina Launches ₦31.8B Zobe Water Project

Governor Dikko Radda launches massive water infrastructure project in Katsina State, promising to provide clean water to over 500,000 residents and transform agricultural activities in the region.

Adamawa's ₦114BN Infrastructure Revolution Begins

Adamawa State government has approved a groundbreaking ₦114 billion infrastructure plan targeting healthcare, water supply, and electricity projects across the state in a major development push.

FG to dredge southern ports to 16m draft

Federal Government unveils ambitious plan to dredge southern ports to 16-meter draft, aiming to attract larger vessels and revitalize maritime trade across Nigeria's coastal regions.

Nigeria-China relations face major overhaul

Nigeria reevaluates its partnership with China amid mounting debt worries and environmental impact concerns. Discover how this strategic shift could reshape bilateral relations.

Weather delays Lagos-Abeokuta road construction

Construction firm Hensek Engineering cites persistent rainfall as major obstacle slowing progress on critical Lagos-Abeokuta highway project, promising accelerated work during dry season.

World Bank Confirms Nigeria's $1 Billion Loan Request

The World Bank has confirmed receiving President Tinubu's request for a $1 billion loan to support Nigeria's economic reforms and development projects. Get the full details on how this funding will impact the nation.

CAF Changes World Cup Playoffs: Nigeria Affected

Major changes to CAF's World Cup qualification process could dramatically impact Nigeria's chances. Discover how the new playoff format affects the Super Eagles' road to global football glory.

Kaduna Governor Unveils Development Plan at Dubai Summit

Kaduna State Governor Uba Sani presents ambitious development roadmap at World Economic Forum in Dubai, showcasing investment opportunities and infrastructure projects that position Kaduna as Nigeria's next economic powerhouse.

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