By Seun Ibiyemi As Federal Government planned removal of subsidy on Premium Motor Spirit (PMS) known as Petrol and set to disburse $800 million World Bank palliative to stakeholders, mixed reactions have continued to trail the disbursement as stakeholders who…
The World Bank has said the naira lost 10.2 per cent of its value in 2022. The bank was speaking on the heels of the rising food and fuel prices responsible for high inflation in the country in 2022. The…
The Nigeria’s outgoing government has announced the receipt of $800 million (N370.4 billion) grant from the World Bank, expected to be used to provide public transportation and other forms of palliatives to limit the impact of planned petrol subsidy removal.…
The World Bank has stated its readiness to partner with the National Youth Service Corps, NYSC, on youth empowerment, job creation and skills development for corps members. The Lead Economist of the World Bank Youth Employment and Skills Development Team,…
The World Bank says global gas flaring has fallen to the lowest level since 2010. This is contained in a statement issued by the World Bank, a copy of which was obtained by Nigerian NewsDirect on Wednesday. The bank said…
…Set aside $30bn relief package, $12bn worth projects to help countries cope with food insecurity Olaseinde Gbenga, Abuja The World Bank has disbursed at least N5.5 trillion ($12 billion) almost half of which was to Africa, to help beneficiary countries…
The World Bank has announced the deployment of 100 solar-powered mini-grids in Nigeria under its National Electrification Project, stating that its market-driven approach has expedited the process. The Bank revealed this in a press statement yesterday, that powering 380 million…
The World Bank has approved $2 million to address environmental issues in Bauchi State under the Agro-Climatic Resilience in Semi-Aridlandscapes Project. Governor Bala Mohammed, revealed this recently at a opening ceremony of a four-day Stakeholders’ Engagement for Bauchi ACReSAL which…
At least 100 mastercraft persons (MCPS) in Abia on Wednesday took part in a one-day IDEAS sensitisation training/workshop on skill development. The workshop was organised in Umuahia by the National Board for Technical Education (NBTE) under the IDEAS Project, in…
…36 states in Nigeria to have fibre optic cable by April – Pantami By Ogaga Ariemu The World Bank, on Tuesday, tasked Nigeria to increase its broadband penetration to provide internet access to people in rural areas and remote places.…
