The Ekiti State government’s agriculture and rural development programme has received a major boost as the government has secured the World Bank’s support for the initiative.
The State Governor, Dr Kayode Fayemi disclosed this on Sunday at his Isan Ekiti country home. According to Dr Fayemi...
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David Malpass, the newly elected president of the World Bank, says nine in every 10 extremely poor people across the world will be Africans come 2030.
Speaking on Thursday at the World Bank press conference at the ongoing spring meetings of the International Monetary Fund and World Bank Group...
Some members of the House of Representatives have raised the alarm over alleged plans by the Minister of Finance, Zainab Shamsuna Ahmed and the Minister of Industry, Trade and Investment, Emeka Enelamah, to return $100 million meant for the Growth and Employment (GEM) Project, which has …...
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According to World Bank, 92.1% of Nigerians are living below N2,000 ($5.5) a day the worst record in the world.
And less than 8% of working Nigerians earn above $165 (N60,000) a month, also the worst in the world...
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The National Population Commission (NPC) recently informed the world that Nigeria has a population of 198 million.
Now, if that figure is anything to go by, it means that 158.40 million Nigerians, about 80 per cent of this …
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Alex Okoh, Director-General, Bureau of Public Enterprises (BPE) announced on Thursday that the government has attracted $7.8 billion Foreign Direct....
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With the highest rate of road traffic fatalities compared to any other region in the world, despite only having only 2 per cent of the world’s vehicles.
Africa’s road safety crisis was in the spotlight on the first day of the International …
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WORLD Bank Group has invested about $10.734 billion in projects and programmes in Nigeria.
The bank’s delegation of 10 executive directors which visited the country last week, said it was excited with the economy’s return to growth and pledged more collaboration to …
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The World Bank says unemployment and poverty rates increased in Nigeria despite an exit from recession in 2017.
The apex global financial institution made these remarks in a report made available to newsmen Thursday.
According to the report titled, “Nigeria Bi-annual Economic Update: Fragile...
The World Bank says unemployment and poverty rates increased in Nigeria despite an exit from recession in 2017.
The Bretton Wood institution made these remarks in a report released on this week. The report titled, “Nigeria Bi-annual Economic Update: Fragile Recovery,” read: “The decline in the...
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The World Bank has said that since Nigeria emerged from recession, its Gross Domestic Product (GDP) growth in 2018 is expected to be a little over two per cent, and largely oil sector driven.
According to its bi-annual …
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It is hard to square a US President bent on protectionism with two institutions that have been a bulwark for free trade for over 70 years. The Bretton Woods institutions, as the World Bank and International Monetary Fund (IMF) are known collectively, were created during the Second World …...
Kano State Government has signed a Memorandum of Understanding with the World Bank to construct 500 kilometres of roads in rural areas of the state.
A statement by Abba Anwar, Chief Press Secretary to Governor Abdullahi Ganduje, made available to newsmen in Kano on …
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The three senators from Kaduna state were driven by their personal frustration in rejecting the $350m World Bank loan sought by Kaduna state government, rather than the people’s right to better quality of life and infrastructure, the state government has said.
The Senate had on Thursday turned...
The World Bank has approved $3 million to support the Nigerian government’s bid to diversify the country’s economy. This is coming after an earlier tranche of $3 million had been provided to support a batch of innovations. The news was disclosed by the Vice President Yemi Osinbajo at the opening...
The World Bank, on Thursday approved $486 Million international Development Association (IDA) Credit fund for the improvement of the Nigeria Electricity Transmission Network and infrastructure. According to World Bank, the investments under the Nigeria Electricity Transmission Project will...
The World Bank Group on Tuesday in Abuja has said there is a need for governments to strengthen laws that govern the agricultural sector in the country. HARVEST: Women with baskets of tomatoes harvested from farmlands Mr Farbod Youssefi, the Programme Manager at the World Bank made the
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A UNESCO report estimates that one in ten girls in Sub-Saharan Africa misses school during their menstrual cycle. By some estimates, this equals as much as twenty percent of a given school year. Girls often miss school during their menstrual periods Many girls drop out of school altogether once...
World Bank: Nigeria to grow by 2.5% in 2018 — 9th January 2018 (NAN) The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 percent in 2018, as the country benefits from improved commodity …
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