Boma Achenimie
Following the passage of the anti-guy law in Uganda, the World Bank has declared that it will no longer consider fresh loans to the country. A law prohibiting prejudice against lesbian, homosexual, bisexual, and transgender people…
Goli Innocent
Following the coup in Niger Republic which led to the overthrown of the democratically elected president of the country, the World Bank on Wednesday said it has suspended the disbursements to the country until further…
Boma Achenimie
Stakeholders have called on all states to benefit from the $700 million World Bank-supported Sustainable Urban and Rural Water Supply, Sanitation and Hygiene (SURWASH) Programme to show political commitment to the project’s sustainability. This request…
Goli Innocent
The World Bank on Tuesday said that it planned to commit an additional $750 million to increase Nigerians’ access to electricity through the Nigeria Electrification Project (NEP). Ms Elizabeth Huybens, the World Bank’s Director of…
Goli Innocent
The World Bank has approved the sum of a $500m Federal Government loan request to help Nigeria drive women’s empowerment.
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On Thursday, France hosted a summit to boost crisis financing for low-income countries, reform post-war financial systems, and free up funds to tackle climate change. Dignitaries at the world summit tagged, “Summit for a New…
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The United States Treasury Secretary, Janet Yellen on Tuesday said that International Financial Institutions (IFIs), such as the World Bank and the International Monetary Fund (IMF), are important in balancing China. Yellen lauded the institutions that…
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The released data by the Central Bank of Nigeria (CBN) has revealed that the Federal Government spent $894 million to service foreign debt obligations from January to April 2023. The export and international payment data…
An advocacy firm, Grassroots Addressing and Identity Management Systems (GAIMS), has urged the World Bank to make the adoption of Addressing and Identity Technology (AIT), as a precondition for the implementation of the newly approved…
….The country needs to make structural reforms – IMF All hands are on deck to make sure that the Nigerian economy is more productive, the World Bank has said. The global bank’s President, David Malpass,…