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How $8bn Was Committed By World Bank To Nigeria

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The World Bank has committed a total of $7.93bn in the 2022 fiscal year, which was from July 2021 to June 2022. Data obtained from...

Access To Agricultural Land: World Bank, Ogun Govt Enter Partnership

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Prince Dapo Abiodun’s government in Oyo State has announced that it has entered into a partnership with the World Bank to facilitate fairness in...

World Bank To FG: Rate Hikes May Trigger Recession

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The World Bank Group has warned Nigeria as well as other developing economies that simultaneous rate hikes in response to increasing inflationary pressure may...

Prepare For Recession, World Bank Alerts CBN, Others

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The World Bank Group has warned the Central Bank of Nigeria (CBN), and other central banks across the world on the possibility of global...

Climate Financing: Nigeria Gets $700m As World Bank Releases $31.7bn

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The World Bank has publicly announced that it has disbursed $31.7bn as climate financing in its 2022 fiscal year. It stated that this is a...

Phasing Out Of Subsidies: We Are Ready To Help Nigeria –...

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The World Bank Group's President, David Malpass, has said that the bank is ready to support Nigeria in phasing out regressive fuel subsidies while...

Nigeria Excluded By World Bank From $315m Food Security Cash

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Nigeria is missing from the list of beneficiary countries for the $315 million World Bank fund for African countries to support food security. The second...

World Bank Lists Nigeria, Three Others As Top Debtors

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Rising debt has pushed Nigeria up the World Bank’s top 10 International Development Association borrowers’ list. The World Bank Fiscal Year 2021 audited financial statements,...

How Over $8bn Was Committed To Nigeria By World Bank

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The World Bank has committed $8.5 billion to Nigeria to fund critical issues ranging from agriculture to education. Disclosing this on Thursday in Abuja during...

World Bank Worried Over Nigeria’s Human Capital Development

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The World Bank Group is bothered and has said that Nigeria’s human capital development ranks among the worst globally. The Washington-based bank stated this in...
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