Nigeria’s total debts owed to the World Bank Group has risen by $660 just in the first six months of 2022, the Debt Management Office and the financial statements from the Bank have shown. Data from the Debt Management office…
The Kaduna State Adolescent Girls Initiative for Learning and Empowerment (AGILE), a World Bank-supported project, on Thursday began disbursement of N102.4 million Conditional Cash Transfer (CCT) to 8,475 schoolgirls in the state. At the disbursement ceremony in Kaduna, the Project Coordinator,…
By Matthew Denis, Abuja The Founder of Emergency Coordination Center (ECC), Dr. Ayoade Alakija has revealed that the data available shows that over 18.5 million Nigeria children are out of schools as a result of the incessant insecurity and poverty…
Zenith Bank Plc has been ranked as the Number One Bank in Nigeria by Tier-1 Capital in the 2022 Top 1000 World Banks Ranking published by The Banker Magazine. For the thirteenth consecutive year, the Bank retained its position as…
The International Monetary Fund (IMF) and the World Bank Group (WBG) have announced that their 2022 Annual Meetings will take place from Oct. 10 to 16. This is contained in a statement obtained from the World Bank website in Abuja…
The Enugu State Government has appointed Mrs Ihuoma Eze, as the Acting Project Coordinator, Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project. This is contained in a letter signed by the Secretary to the State Government; Prof. Simon Ortuanya,…
The World Bank has said that the Federal Government’s response to inflation is inadequate as the country continues to suffer double-digit inflation. According to the lending bank, inflation is currently pushing many Nigerians into poverty and food insecurity. The Washington-based…
The World Bank says the COVID-19 pandemic encouraged financial inclusion, leading to increase in digital payments. This, it stated, was amid global expansion of formal financial services. It stated in its latest Global Findex 2021 database released on Wednesday that…
The World Bank says economic growth in Sub-Saharan Africa (SSA) is expected to decline to 3.7 per cent in 2022 as against 4.2 per cent recorded in 2021. This is according to the World Bank’s latest Global Economic Prospect Regional…
The World Bank has announced actions it intends to take as part of a comprehensive, global response to the ongoing food security crisis over the next 15 months. This is contained in a statement obtained from the World Bank website…
