world bank news

  1. Nigeria Political News

    Politics World Bank approves $2.2bn for projects in Nigeria – The Punch

    The World Bank on Tuesday approved six projects worth about $2.2bn for implementation in Nigeria in the 2020 fiscal year. The management of the bank had met to deliberate on a request from the Federal Government.... Read more via “nigeria” – Google News – Get More...
  2. Nigeria Business News

    Business African Development Bank says World Bank chief’s criticism ‘misleading’ By Reuters –

    The African Development Bank on Thursday pushed back against World Bank President David Malpass' comments that it and similar regional development banks were contributing to emerging market debt problems, saying that his criticism was "misleading and...... Read more via –...
  3. Nigeria Business News

    Business Nigeria may fall into recession if…, World Bank warns – Nairametrics

    The World Bank has warned that Nigeria may fall back into recession, highlighting conditions that may drag the nation’s economy into the downturn witnessed in 2016. The bank stated in its latest Nigeria’s Economic Update, that a decline in oil prices to the levels seen in 2016 would...
  4. Nigeria Metro News

    Metro Nigeria created only 450,000 new jobs in 2018 – World Bank report –

    Five million Nigerians joined the labour force in 2018, the World Bank has said in its new report. The international agency said of the total number of fresh Nigerians in the..... Read more via – Get More Nigeria Metro News
  5. Nigeria Business News

    Business World Bank ranks Nigeria top 10 most improved economies – Newtelegraph

    The World Bank Group has ranked Nigeria as one of the 10 topmost improved economies around the globe. In the 2020 Doing Business Index (DBI) released yesterday, as confirmed by the..... Read more via Newtelegraph – Get more: Nigeria Business News
  6. Nigeria Business News

    Business World Bank approves Nigeria’s request for $3bn loan – P.M. News

    The World Bank has finally approved Nigeria’s request for a $3bn loan for the expansion of the transmission and distribution networks in the power sector.... Read more via P.M. News – Get more: Nigeria Business News
  7. Nigeria Business News

    Business World Bank Reduces Nigeria’s Growth Forecast By 0.1 Per Cent – Sahara Reporters

    The World Bank on Wednesday revised Nigeria’s economic growth for 2019 from 2.1 to 2.0 per cent. A report by Reuters said that the revision was made in the institution’s ‘Africa’s Pulse report for October. The New York-based global lender had in April predicted that the largest economy in …...
  8. Nigeria Political News

    Politics Ekiti to benefit from World Bank’s RAAMP project in 2020 – Tribune Online

    The World Bank has said that Ekiti State would soon join the list of states on the Rural Access and Agricultural Marketing Project (RAAMP) commencing in 2020. Dropping the hints in Ado Ekiti when the World Bank team and the National office of RAAMP paid a visit to … Read more via Tribune...
  9. Nigeria Business News

    Business World Bank lists Nigeria among top 20 reformers in ease of doing business – Legit Nigeria News

    The World Bank has listed Nigeria as one of the top 20 countries that improved in the ease of doing business. According to the bank, starting business in Nigeria has now become more easier..... Read more via Legit Nigeria News – Get more: Nigeria Business News
  10. E

    Business World Bank: We’ve invested $11bn in Nigeria - The Cable

    Rachid Benmessaoud, country director, World Bank Group, says its operations in Nigeria has gulped $11 billion. He said this on Thursday in Abuja at the maiden edition of the Nigeria Portfolio Performance Award. read more
  11. Nigeria Business News

    Business W’Bank, AfDB Blacklist 15 Nigerian Companies, 9 Individuals – Leadership Newspaper

    The World Bank and the African Development Bank (AfDB) have blacklisted 15 Nigerian firms doing businesses with them. Also, nine Nigerians nationals for various forms of procurement malpractices have been blacklisted by the global and continental financial institutions. An online news medium...
  12. Nigeria Business News

    Business World Bank Earmarks $4bn for 36 States – Thisdaylive Newspaper

    The World Bank has earmarked about $4 billion for poverty eradication, erosion control, human capital development and health-related issues in the 36 states of the federation.... Read more via Thisdaylive Newspaper – Get more: Nigeria Business News
  13. Nigeria Business News

    Business World Bank earmarks $200m for 60,000 Nigerians – Newtelegraph

    No fewer than 60,000 Nigerians will benefit from World Bank’s $200 million agriculture-funded project. Of the number, 21,000 women are direct beneficiaries of the World Bank project..... Read more via Newtelegraph – Get more: Nigeria Business News
  14. Nigeria Business News

    Business Over $17bn raised from bonds by Nigeria and other African countries – World bank – Nairametrics

    The World Bank has reported that Nigeria, Kenya, Côte d’Ivoire, and other sub-Saharan African countries raised over $17 billion from bond issuances in 2018. This was described as a landmark development by the global development bank. This information is contained in a report titled “Africa...
  15. Nigeria World News

    World World Bank Provides $150 Million Grant To Support Host Communities and Refugees in Uganda – World Bank

    The World Bank’s Board of Executive Directors approved today a grant of $150 million additional financing from the International Development Association (IDA) to boost an ongoing project to improve access to basic social... Read more via World Bank – Get more World News
  16. Nigeria Political News

    Politics FG gives conditions for fuel subsidy removal – Vanguard News

    The federal government has given conditions for removal of subsidy on premium motor spirit (otherwise known as fuel) which includes provision of alternative cushioning measures mutually agreed between stakeholders to protect … Read more via Vanguard News – Get More...
  17. Nigeria Metro News

    Metro FG Spent N731 Billion to Subsidise Inflated Petrol Imports, Says W’Bank – Thisdaylive

    A World Bank report called the “Nigeria Biannual Economic Update” for 2018, which was released on Monday and obtained by THISDAY yesterday in Abuja disclosed that Nigeria spent N731 billion to subsidise petrol consumption in the year under … Read more via Thisdaylive –
  18. Nigeria World News

    World India highest recipient of remittances at $79 billion in 2018: World Bank – Business Standard

    India retained its position as the world’s top recipient of remittances with its diaspora sending a whopping USD 79 billion back home in 2018, the World Bank said in a report Monday. India was followed by China (USD 67 billion), Mexico (USD 36 billion), the Philippines (USD 34 … Read more...
  19. Nigeria Business News

    Business World Bank Cuts Growth Forecast For Sub-Saharan Africa – Leadership Newspaper

    The World Bank has cut its growth forecast for Sub-Saharan Africa this year to 2.8 percent from an initial 3.3 percent, citing a slowing down in the economies of Nigeria and Angola as well as South Africa. Nigeria, South Africa and Angola, which make up about 60 percent … Read more via...
  20. Nigeria World News

    World Trump Loyalist David Malpass Becomes 13th World Bank President Through Unanimous Selection – Sahara Reporters

    David Malpass has emerged as President of the World Bank. Malpass, a Donald Trump loyalist who was a senior economic adviser to the US President during his 2016 election campaign.... Read more via Sahara Reporters – Get more World News