The Minister of State, Federal Capital Territory (FCT), Dr Mariya Mahmoud, has commended the World Bank for disbursing 2 million dollars to the FCT. The fund is for the implementation of the World Bank-supported Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL)…
The Federal Government has commended the World Bank for providing technical and financial support to Persons with Disabilities (PWDs) in the country. The Executive Secretary, National Commission for Persons with Disabilities (NCPWD), Dr James Lalu, said this on Wednesday in…
Care International Nigeria, a prominent non-governmental organization (NGO), has called upon the Federal Government to establish a robust policy framework aimed at fostering a culture of savings, particularly among women, to bolster economic resilience. Addressing attendees at the 2024 National…
By Matthew Denis The World Bank and the International Monetary Fund (IMF) have commended Nigeria’s efforts in tightening monetary policies, revising the country’s growth forecast upwards to 3.4 percent for this year – a reflection of the effectiveness of the…
The Federal Government is set to receive around $2.2 billion single-digit interest loan from the World bank and another budget support facility from the African Development Bank. Minister of Finance, Wale Edun, disclosed this during a press briefing at the…
New financial instruments designed to boost lending capacity and enable the World Bank Group (WBG) to take on more risk for shared global challenges have received a significant endorsement. The World Bank Online Media Briefing Centre communicated this in a…
The Adamawa Government in collaboration with Global Partnership for Education(GPE), a World Bank assisted programme disbursed N296m grant for the construction of eight public schools in Adamawa. Speaking during a ceremony to commemorate the disbursement on Friday in Yola, the…
The Ebonyi State Government has debunked the report that it was among the states that borrowed N111.24 billion from domestic and foreign financiers in its first six months in office. The Ebonyi State Commissioner for Finance, Dr. Leonard Uguru, affirmed…
The federal government plans to provide subsidy to developers and operators of solar mini-grids in unserved and underserved areas in the country. The subsidy will be provided through a World Bank approved loan of $750 million under the Distributed Access…
The World Bank has estimated that Nigeria’s inflation rate will drop to around 24.8 percent this year and further to 15.1 percent by 2026. It noted that the projected decline was premeditated by monetary policy tightening and exchange rate stabilisation in…
