Tag: World Bank
Buhari’s govt commended by World Bank for removing petrol subsidy
Mr David Malpass, President of the World Bank Group, has commended the Muhammadu Buhari Government for removing subsidies on petroleum…
World Bank to aid poor nations in paying for Covid-19 vaccines
The World Bank on Tuesday announced that its Board of Executive Directors has approved $12 billion for developing countries to…
COVID-19: Nigeria gets $114.28m from World Bank
The World Bank has approved $114.28 million financing to help Nigeria prevent, detect and respond to the threat posed by…
Coronavirus: World Bank approves loan to Philippines
The World Bank on Friday approved a 500-million-dollar loan for Philippines to boost the country’s capacity to address the coronavirus…
Nigeria, Angola, South Africa going into recession: World Bank
The World Bank Group said on Thursday that Coronavirus will drive many African countries, such as Nigeria, South Africa and…
Oyo govt. seeks continuous participation in World Bank programmes
The Oyo State Government has appealed to the World Bank to allow the participation of the state in its poverty…
World Bank approves $2.2b loans for Nigeria; Ogun, others beneficiaries
The World Bank has approved $2.2billion loans for six projects to support Nigeria’s development priorities.
African Bank fires back, says World Bank’s report misleading
The African Development Bank (AfDB) has clarified the debts incurred by Africa.
Ogun’s new partnership with FG, World Bank
As part of efforts aimed at addressing the challenges of erosion in Ogun State, the World Bank in collaboration with…
Photo News: Buhari holds bilateral meetings with World Bank, Ghanaian President
Nigeria’s President, Muhammadu Buhari has held a Bilateral meetings with World Bank, Ghanaian President, Nana Akufo-Addo at the UK-Africa Summit…
Afghanistan receives $52.5m grant from World Bank
The World Bank provided a grant of 52.5 million dollars for an Afghan Gas Project that would provide a sustainable…
World Bank passes verdict on Lagos’ Public Procurement process
The Lagos State Government has been commended for its efforts and commitment to the implementation of due process in public…
687 World Bank financed micro projects completed in Oyo
The Oyo State Community and Social Development Agency (CSDA) executed 687 World Bank-financed micro-projects at the grass-roots in the state…
Chicken pox scare for delegates at IMF/World Bank Washington meeting
The International Monetary Fund has issued a chicken pox warning to all delegates who attended the recent IMF/World Bank Annual…
Ease of doing business: Buhari reacts as World Bank ranks Nigeria 131
Nigeria's President, Muhammadu Buhari has expressed delight with the World Bank’s 2020 Doing Business Index (DBI) which ranked Nigeria 131…
The DATA Manipulators
By Babafemi Ojudu It was a sore point he touched. President Muhammadu Buhari who is not known for diplomatese…
Economic recovery in Nigeria, weak in 2019 – World Bank
The World Bank says economic recovery in Nigeria, South Africa, and Angola (the region’s three largest economies) remained weak in…
Chaudhuri named World Bank’s Country Director for Nigeria
The World Bank has appointed Mr. Shubham Chaudhuri as the new Country Director for Nigeria, succeeding Mr. Rachid Benmessaoud who…
NGF reviews engagements with World Bank
The Nigeria Governors’ Forum (NGF) on Wednesday met with the World Bank to review the bank engagements in the country…
Nigeria not a fragile state — World Bank
The World Bank Group on addressing Fragility, Conflict and Violence (FCV) has said that Nigeria is not a fragile state…
World Bank downgrades 2019 global growth forecast
The World Bank has lowered its global growth forecast for 2019 to 2.6 percent, citing growing trade tensions, among other…
Cyclone Idai: World Bank supports Mozambique, others with $545m
The World Bank (WB), on Friday disclosed a 545 million U.S. dollars donation to help people in Mozambique, Malawi, and…
World Bank’s new president to visit sub-Saharan Africa
World Bank’s new President David Malpass will be making his first foreign trip to sub-Saharan Africa to highlight his vision…
Ekiti gets World Bank support to revive Farm Settlements
The Ekiti State Government’s agriculture and rural development programme has received a major boost as the government has secured the…
Technological advancement mandatory for Africa’s development – World Bank
Digital transformation of Africa will foster economic growth and reduce poverty, the World Bank Vice-President for Africa, Mr Hafez Ghanem,…
World Bank to invest $15bn on Africa’s human capital by 2023
The World Bank has said it will spend 15 billion dollars from 2021 to 2023 to help Nigeria and other…
W/Bank to support 10,000 farmers in Kaduna – Official
No fewer than 10,000 small holder farmers in Kaduna State are to benefit from the World Bank Agro-Processing, Productivity Enhancement…
Drought may hinder Kenya’s economic growth – World Bank
The World Bank said on Tuesday that dry weather across much of Kenya was likely to curb the country’s economic…
Haruna Mohammed Nigerian-born World Bank director dies
The World Bank has announced the death of Haruna Mohammed, Executive Director for Nigeria, Angola, and South Africa. Mr Ousmane…
World Bank: US-China trade war damaging global economy
Trade war between the world’s two largest economic powers already is inflicting collateral damage and threatens to do yet more…