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…
By Oluwaseun Folorunso A total amount of N100million has been disbursed to the youths of Anambra state by the Federal Government in collaboration with World Bank as COVID-19 recovery project. Anambra COVID-19 Action Recovery and Economic Stimulus, AN-CARES project organised…
The World Bank has revealed that the Nigerian economy could earn additional $23-$29 billion if the country closed the gender gap. This was contained in its new report, “Closing Gaps, Increasing Opportunities: A Diagnostic on Women’s Economic Empowerment in Nigeria,”…
The World Bank says global progress to reduce gas flaring, the wasteful industry practice of burning natural gas during oil production has stalled in the last 10 years. This is contained in a statement obtained from the World Bank website…
New data from the World Bank has shown that private investment in low- and middle-income countries’ infrastructure is rebounding from the historic lows recorded in 2020. This is contained in a statement obtained from The World Bank website on Thursday.…
The World Bank has said that Nigeria’s efforts at reducing poverty might hit rocks if certain economic issues are not addressed. These include low human capital, labour market weaknesses and exposure to shocks. This is contained in the new World…
The Bureau of Public Procurement (BPP), said it is working to achieve the World Bank funded Sustainable Procurement Environmental and Social Standards Enhancement Project (SPESSE). This was disclosed by the Director-General of BPP, Mamman Ahmadu through a statement yesterday. Recall…
By Ariemu Ogaga, Dennis Matthew and Uthman Salami Reactions have begun trailing the payment of over $598.59 million to service debts owed by the duo of World Bank and the Exim Bank of China in 2021. Analysis of Data from…
The World Bank and the International Monetary Fund (IMF) have disclosed plans to fast track the implementation of the G20 debt relief scheme. The announcement was made at the ongoing 2022 Spring Meetings of the World Bank-IMF in Washington DC.…
The World Bank says increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could significantly impact public finance and pose debt sustainability concerns. The Washington-based lender said this in a new biannual report known as…
