Tag: World Bank
Tinubu’s Govt Seeks $1.5bn Loan To Shore Up Naira, Boost Budget
Nigeria is seeking $1.5bn aid from the World Bank to tackle the severe dollar shortage contributing to the decline of the naira.
“We’re hoping to...
How Inflation Will Push 2.8million Nigerians Into Poverty – World Bank
Rising inflation and low economic growth in Nigeria will push a further 2.8 million people into poverty by 2023’s end, the World Bank has...
How Palliative Loans Totaling $300m Got Disbursed By World Bank
The World Bank has commenced payment of the $800m approved for the National Social Safety Net Program-Scale Up.
It was learnt that the bank has...
Oyebanji’s Govt Begins Building Of Rural Roads In Ekiti
Mr Biodun Oyebanji’s government in Ekiti State has disclosed its readiness to begin massive construction of roads across the 16 local governments under the...
Fresh Loan Of $1.5bn: FG In Talks With World Bank
The President Bola Tinubu-led Federal Government is currently engaging the World Bank on a fresh $1.5bn loan, findings have shown.
Abbreviated as HOPE, the loan...
Fresh $700m Loan Approved For Nigeria By World Bank
The World Bank has approved a fresh $700m loan for Nigeria to enhance adolescent girls’ learning and empowerment.
It disclosed this in a statement published...
Report Reveals Why World Bank Is Delaying $8.6bn Loan To Nigeria
Nigeria has about $8.25bn undisbursed World Bank loan as of July 2023, according to findings.
This was based on data obtained from the Summary Statement...
Provision Of Digital ID For 148m Nigerians To Be Made By...
The World Bank's Country Director for Nigeria, Shubham Chaudhuri, has announced plans to collaborate with the National Identity Management Commission to ensure the successful...
Trade Compliance: Customs, World Bank Collaborate
In a bid to improve trade compliance, the Nigeria Customs Service, in collaboration with the World Bank under the Accelerating Revenue Mobilisation Reforms Programme,...
Grassroots Development: Day Oyebanji Presented N325m To 23 Communities
Barely 24 hours after disbursing N915m to pensioners in the state, Ekiti State Governor, Mr Biodun Oyebanji has disbursed another sum of N325 million...
