By Ariemu Ogaga, Dennis Matthew and Uthman Salami Reactions have begun trailing the payment of over $598.59 million to service debts owed by the duo of World Bank and the Exim Bank of China in 2021. Analysis of Data from…
The World Bank and the International Monetary Fund (IMF) have disclosed plans to fast track the implementation of the G20 debt relief scheme. The announcement was made at the ongoing 2022 Spring Meetings of the World Bank-IMF in Washington DC.…
The World Bank says increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could significantly impact public finance and pose debt sustainability concerns. The Washington-based lender said this in a new biannual report known as…
The Mineral Sector Support for Economic Diversification (MinDiver) of the World Bank has increased the fleet of aircrafts conducting Airborne Geophysical Survey in the South West to four to boost mining activities. Dr Abba Usman, the Deputy Coordinator of MinDiver,…
The World Bank on Sunday said it will give US$ 700 million to the Federal Government to implement the Agro-Climatic Resilience in Semi-Arid Landscapes, ACReSAL, project in some Northern states in the country. Sanjay Srivastava, Practice Manager, Environmental, Nature Resources…
The Mineral Sector Support for Economic Diversification (MinDiver) Project, has developed action plan on Gender Based Violence (GBV) to mitigate against rape of women and girls. Dr Sallim Salaam, the Project Coordinator of MinDiver made this known during a roadshow and…
The World Bank says it has disbursed the sum of N35.3 billion to all the 36 states of the federation and the FCT as advance payment for the implementation of the Nigeria COVID-19 Action Recovery and Economic Stimulus Programme (NG-CARES).…
The Director-General of the Nigeria Mining Cadastre Office, Obadiah Nkom, said that his agency has partnered with World Bank to upgrade its system for foreign investors to apply online for mining licences in Nigeria. He said this when he received…
By Gloria Akudoro, Abuja The Minister of Women Affairs, Dame Pauline Tallen has urged all Governors and stakeholders to do everything possible to make-up for the period the Nigeria for Women Project (NFWP) suffered set-back. Tallen made this appeal with…
…BDC operators urge CBN to reconsider forex ban By Seun Ibiyemi The World Bank, Centre for the Promotion of Private Enterprise has projected that Nigeria may be among other countries whose inflation rates, foreign exchange market, debt service pressure is expected to persist…
