Tag: World Bank
World Bank: Nigeria, Others Lose Investments To Inefficiencies
The World Bank has said that inefficiencies in public spending are costing developing nations a significant portion of their investments. Nigeria is among the...
World Bank Moves To Make Borrowing Easier For Poor Nations
The World Bank has announced the removal of several loan fees to make borrowing more affordable for vulnerable countries.
The move is part of broader...
Climate Change: World Bank Pushes For Protection Of Poor Nations
The World Bank has called for urgent, people-centred action to address the dual challenges of poverty and climate change, urging countries to prioritise investments...
High Expectations As World Bank Approves Establishment Of Agribusiness In Ekiti
In a significant step expected to boost economic growth and improve the livelihoods of thousands of farmers in Ekiti State, the World Bank has ...
How 25 Nigerian States Will Benefit From $500m W’Bank Loan
No fewer than 25 state governments will be beneficiaries of the newly approved $500m World Bank loan to improve water resource management for hydropower...
How World Bank Detected $32m Unaccounted Funds In Nigeria’s Water Project
The World Bank has identified $32m in unaccounted funds in a Nigerian water sector project, raising concerns over likely embezzlement and mismanagement.
According to the...
World Bank Says Naira Is Among Worst Performing Currencies
The naira has been listed among the worst-performing currencies in Sub-Saharan Africa in 2024.
This is according to the latest edition of Africa’s Pulse, a...
Report Says Tinubu’s Govt Borrowed $6.45bn From W’Bank In 16 Months
The President Bola Tinubu-led Federal Government has secured loans worth $6.45bn from the World Bank in just 16 months.
The amount increased to the new...
Three New $1.57bn Loan Requests Approved For Nigeria By World Bank
The World Bank has again approved three new loan requests totalling $1.57bn in financing for Nigeria.
According to a statement released on Monday, the approval...
Report Says World Bank’s Set To Give Fresh $1.7bn Loan To...
The Federal Government is set to receive a fresh loan from the World Bank, with approval expected for loans worth $1.7 billion.
The loan is...
