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World Bank To CBN: $10.50m Approved For You Is A Grant,...

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The World Bank has clarified that the planned $10.50m financing to the Central Bank of Nigeria is a grant, not a loan. According to a...

Education, Other Sectors In Nigeria To Get $1.08b From World Bank

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The World Bank has approved three funding operations for Nigeria, totalling $1.08 billion in concessional financing. These initiatives aim to improve quality of education, strengthen...

Nigeria’s $632m Loan Request: World Bank To Give Approval On Monday

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The World Bank is set to approve fresh loans totaling $632m to Nigeria on Monday amid mounting concerns over the country’s rising debt profile. The...

World Bank’s Verdict: Nigeria Remains Africa’s Largest Economy

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The World Bank’s Country Director for Nigeria, Dr. Ndiame Diop, has confirmed that Nigeria remains the largest economy in Africa by Gross Domestic Product...

World Bank To CBN: It’s Imperative For You To Sustain Inflation...

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The World Bank Group has said that the Central Bank of Nigeria must stay the course in its attempt to tackle inflation. This was revealed...

World Bank: Nigeria, Others Lose Investments To Inefficiencies

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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

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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

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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

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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

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No fewer than 25 state governments will be beneficiaries of the newly approved $500m World Bank loan to improve water resource management for hydropower...
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