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World Bank
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World Bank approves establishment of livestock centre in Kogi
The Kogi Livestock Productivity and Resilience Support Project (Kogi L-PRES) has been selected by the World Bank as…
CBN to refund $22m as World Bank detects unaccounted $32m in water project
By Stanley Onyeka, Lagos The World Bank said it has uncovered $32 million in unaccounted funds in Nigeria’s…
W’Bank fears oversupply could mute effects of Middle-East conflict on oil prices
By Stanley Onyeka, Lagos Global commodity prices are set to tumble to a five-year low in 2025 amid…
IFC to advance $1bn to CBN to boost local currency financing in Nigeria
By Tochukwu Bliss, Abuja International Finance Corp (IFC), a member of the World Bank Group, has expressed a…
World’s 26 poorest countries in worst debt since 2006: World Bank
By Stanley Onyeka, Lagos The world’s 26 poorest economies—home to about 40% percent of all people who live on…
World Bank approves fresh $1.57bn loan for Nigeria
By Tochukwu Bliss, Abuja The World Bank yesterday, said it has approved another $1.57billion for Nigeria arising from…
“Middle-Income Trap” hinders progress in developing countries: World Bank
By Stanley Onyeka, Lagos About 108 countries including China, India, Brazil, and South Africa—face serious obstacles that could hinder…
World Bank eyes first ‘drought’ bond in next 12-18 months
The World Bank is looking to issue its first drought bond in the next 12-18-months and broaden its…
Skills acquisition: World Bank, FG to spend $10 million on training Nigerian youths
The World Bank has expressed readiness to spend $10 million for Nigerian youths to acquire critical skills needed…
Global growth stabilizing post-COVID, says World Bank
The global economy is expected to stabilize for the first time in three years in 2024—but at a…