…1.8% for Nigeria in 2021 The global economy is expected to grow at 5.6 per cent in 2021, although many emerging market and developing economies continue to struggle with the COVID-19 pandemic and its aftermath. The World Bank said this…
Lagos State Government says its World Bank-assisted Agro-Processing, Productivity Enhancement, Livelihood Improvement Support (APPEALS) Project will construct 13.16km Farm Access Roads (FARs) in four cluster areas. The state Commissioner for Agriculture, Ms Abisola Olusanya, said this on Thursday during the…
A World Bank report says officially recorded remittance flows to low and middle-income countries reached $540 billion in 2020, 1.6 per cent below the 2019 total of $548 billion. The report which is titled ‘Migration and Development Brief’ released in…
Top officials of the bank spoke on Wednesday at a ‘World Bank Dialogue with Energy Reporters’ with the theme ‘Fostering Knowledge-Sharing and Dialogue on Power Sector Issues in Nigeria,’ in Abuja. Presenting the bank’s Power Sector Recovery Program (PSRP) fact…
By Moses Adeniyi Lagos State on Wednesday witnessed the launching of the State’s brand of the Nigeria COVID-19 Action Recovery and Economic Stimulus (N-CARES) Programme for Results (P4R) by the State Governor, Mr. Babajide Sanwo-Olu. The Lagos State CARES Programme…
Kebbi State Governor, Atiku Bagudu says his administration has secured a 70 million dollars World Bank Grant to strengthen Adolescent Girl-Child Education. Bagudu disclosed this at the 5th Kebbi State Women Ramadan Lecture Series held in Birnin Kebbi, the state…
The Development Committee of the International Monetary Fund (IMF) and the World Bank Group (WBG) has urged the International Finance Corporation (IFC) to strengthen global preparedness for future pandemics. The committee said this on Friday in a communique issued at the end…
The World Bank says economic growth in Sub-Saharan Africa is expected to rise between 2.3 per cent and 3.4 per cent in 2021. It said this in its Africa Pulse, a publication on Africa’s economy titled “The Future of Work…
From information gathered in household surveys to pixels captured by satellite images, data can inform policies and spur economic activity, serving as a powerful weapon in the fight against poverty. More data is available today than ever before, yet its…
The World Bank has said although countries have gaps in readiness, most have prepared well enough across most essential areas to begin their immunisation drives as soon as they receive vaccines. It said this in a new report it released…
