…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.…
…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…
The World Bank Group has once again lowered its growth projection for Nigeria’s economy, citing a weakened oil sector as its primary reason. This was contained in the bank’s Global Economic Prospects report published on Tuesday. According to the projection,…
Global economic growth was projected to slow to 1.7 per cent in 2023, 1.3 per cent lower than the forecast made in June last year, marking its third-weakest pace in nearly three decades, the World Bank Group said in its…
The World Bank has advised Nigeria that the transition period of the naira redesign initiative by the Central Bank of Nigeria, CBN, is short and would harm the country’s economy, especially the poor. The bank stated this in its recent…
By Idris Bakare The World Bank has disclosed that 80 million working-age Nigerians will not have a full-time job by 2030 if the nation doesn’t improve its employment rate. The global bank disclosed this in its ‘Nigeria Development Update (December…
