Nigeria seeking up to $2.25 bln in World Bank loans – Minister
April 22, 2024 Nigeria is seeking up to $2.25 billion in World Bank loans and expects the bank’s board to approve the request in June, the government said in a…
AGILE: Eleven more states to join World Bank project on girls’ education
March 28, 2024 The Minister of Education, Prof. Tahir Mamman, says 11 more states are to benefit from the Adolescent Girls Initiative for Learning and Empowerment (AGILE). The AGILE, is…
World Bank to offer countries access to emergency funds from existing loans
February 2, 2024 The World Bank on Thursday said it approved new initiatives to allow member countries hit by natural disasters and other shocks to quickly access emergency funds from…
Global Economy Set for Weakest Half-Decade Performance in 30 Years – World Bank
Jan. 9, 2024 …Says reforms to boost investment, strengthened fiscal policy could help turn the tide As the world nears the midpoint of what was intended to be a transformative…
World Bank to provide $750mln for clean energy projects in Nigeria
December 16, 2023 The World Bank’s fund for poor countries plans to provide a credit of $750 million for clean energy projects in Nigeria to increase to electricity in Africa’s…
Nigeria needs to curb inflation, stabilise forex to boost growth – World Bank
December 13, 2023 Nigeria still needs to control inflation and stabilise its foreign exchange market to boost growth in Africa’s largest economy following currency reforms and the removal of a…
Developing Countries Paid Record $443.5 Billion on Public Debt in 2022- World Bank
Dec. 13, 2023 …Adds, poorest countries face risk of debt crises as borrowing costs surge Amid the biggest surge in global interest rates in four decades, developing countries spent a…
World Bank increases climate spending to 45%
December 1, 2023 The World Bank on Friday said it will increase the amount it spends annually on climate-related projects to 45% of its financing over 2024 to 2025, up…
ICAN begins fieldwork on 2022 Accountability Index, to enhance accountability through citizen education, awareness
Nov. 26, 2023 The declining trust in governance and citizens’ desire for more transparent and accountable public governance was the impetus for developing a tailor-made Public Financial Management (PFM) performance…
World Bank happy with $750m NG-CARES programme progress, says still very active in states
Nov. 1, 2023 The World Bank says Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) programme is doing well in addressing poverty in the country. Prof. Foluso Okunmadewa, World Bank…