Tag: World Bank
Mission 300 Lights Up Africa: 50 million gain electricity in two years
In January 2025, former AfDB President Akinwumi Adesina announced that the AfDB and the World Bank Group would jointly commit…
Global Rankings: Two Nigerian Ports ranked among top 20 in the world
Nigeria’s ports have been ranked among the 20 most improved ports in the world, according to the World Bank’s 2025…
World Bank: Global growth to decline to 2.5% in 2026 over Middle East crisis
The report said growth in developing economies was projected to drop to a post pandemic low of 3.6 per cent…
Shettima urges states to tap from $750m World Bank-assisted fund
Shettima listed other benefits of the programme to include; attracting domestic and foreign investment, strengthening private-sector confidence and reducing the…
Electricity reform hit as Nigeria rejects $717.7m World Bank funding
The Federal Government has cancelled $717.7 million in unused funding from a World Bank-supported electricity reform programme.
Fresh loans loom as Nigeria remains top world bank borrower
Meanwhile, the Accountant General of the Federation, Dr Shamseldeen Babatunde Ogunjimi, has called on the World Bank to speed up…
FG in fresh $1.25bn World Bank loan talks
The Federal Government is in advanced negotiations with the World Bank for a fresh $1.25 billion loan, aimed at bolstering…
Lagos, World Bank, FCMB drive $500m Programme to boost Education, Healthcare
The Lagos State Government has intensified efforts to strengthen basic education and primary healthcare delivery through a $500 million reform…
Nigeria’s economy improving, Inflation, child welfare gaps persist – World Bank
Haile said Nigeria needed to reduce inflation in a sustainable way while promoting inclusive economic growth so citizens can feel…
Fresh hope for farmers as World Bank unveils $500m Plan
The World Bank has approved a $500 million loan to support smallholder farmers in Nigeria
LASG, World Bank collaborate on emergency risk management
He said as a result of these bad behaviours, the government decided to enforce its laws to restore order, saying…
World Bank set to approve $500m Agriculture loan for Nigeria
June 30, 2025, Nigeria’s total external debt stood at $46.98 billion. Out of this, the World Bank Group accounted for…
“Your reforms now global reference point,” World Bank tells Tinubu
President Tinubu reaffirmed his commitment to transparency and accountability, describing fuel subsidy removal and exchange rate unification as difficult but…
Sanwo-Olu to World Bank: We’re ready for you
Speaking during the courtesy visit, Governor Sanwo-Olu read out achievements of his administration in the last six years through the…
Nigeria secures $500M boost from World Bank for NG-CARES
The World Bank has approved an extra $500 million for Nigeria’s Community Action for Resilience and Economic Stimulus (NG-CARES) Programme.