NEWS

Zulum Unveils Infrastructure Push as World Bank Reaffirms Development Support for Borno

Daily Dispatch March 2, 2026

Borno State Governor, Prof. Babagana Zulum has reiterated his administration’s commitment to post-conflict reconstruction and sustainable development following the commissioning of multiple infrastructure and education projects across the state, amid growing international development

LEAD STORY 1

Subsidy removal, forex reforms irreversible, says Tinubu

Daily Dispatch February 4, 2026

President Bola Tinubu has justified his administration’s decision to scrap fuel subsidies and overhaul the foreign exchange system, declaring that the measures were taken in Nigeria’s national interest and will not be reversed. The president made this known during an engagement with officials of the World Bank, where he explained that the reforms were designed […]

LEAD STORY 2

World Bank hails Nigeria as global model for credible economic reforms

Daily Dispatch February 4, 2026

The World Bank has described Nigeria as a growing global reference point for steady and credible reform leadership, citing the country’s consistency in implementing difficult but necessary economic changes. The Managing Director of Operations at the World Bank, Ms. Anna Bjerde, made the remark on Tuesday during a meeting with President Bola Ahmed Tinubu and […]

NEWS

Ogun, World Bank invest over ₦5bn in women empowerment, economic recovery — Abiodun

Daily Dispatch January 29, 2026

…says State Electricity Distribution Company to boost power supply soon The Ogun State Government and the World Bank Group have jointly invested over ₦5 billion in women-focused empowerment and livelihood initiatives over the past six years, Governor Dapo Abiodun has disclosed. The governor made this known on Wednesday while receiving a delegation from the World […]

BUSINESS

Nigeria to receive $500m for broadband expansion, $250m for health security from World Bank

Daily Dispatch September 28, 2025

The World Bank is expected to approve two loans totalling $750 million for Nigeria on Tuesday, September 30, 2025, according to documents published on its website. The funds are earmarked for health security and climate-resilient digital infrastructure. The package includes $500 million for the Building Resilient Digital Infrastructure for Growth in Nigeria (BRIDGE)

LEAD STORY 1

World Bank approves $65m loan for Nigeria’s SPESSE project

Daily Dispatch August 18, 2025

The World Bank has approved an additional $65 million loan for Nigeria under the Sustainable Procurement, Environmental, and Social Standards Enhancement (SPESSE) project, raising total project financing to $145 million. According to information obtained from the World Bank’s website, the approval was granted on June 24, 2025. The project status has since been updated to