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World Bank
71 posts
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…
World Bank, IMF deepen joint effort to scale up climate action
The World Bank Group (WBG), and the International Monetary Fund (IMF), said they are deepening their cooperation through…
FG secures $500m World Bank loan to bolster electricity distribution
By Tochukwu Bliss, Abuja To address identified gaps in the Electricity Distribution Companies (DisCos), the Federal Government of…