Tag: World Bank
N121.67trn debt: World Bank should be held to account — SERAP
The Socio-Economic Rights and Accountability Project has sent a complaint to the World Bank Inspection Panel, urging it “to probe allegations of corruption in...
FG seeks 18-month extension for $800m World Bank palliative scheme
No fewer than three million poor and vulnerable households have benefitted from the $800m palliative loan disbursed by the World Bank to cushion the...
World Bank announces $2.25bn facilities for Nigeria
The World Bank has approved two financing facilities of $2.25 billion for Nigeria to support the Federal Government’s efforts to stabilize the economy.
The approval...
FG, W’Bank begin talks on 90,000km fibre-optic cable project
A few weeks after the Federal Government approved a special purpose vehicle to support the delivery of an additional 90,000 km of fibre optic...
World Bank affirms 3.3 per cent economic growth forecast for Nigeria
•Downgrades forecast for 2025 economic growth
The World Bank on Tuesday affirmed its 3.3 per cent economic growth forecast for Nigeria in 2024, saying the...
World Bank mandates hiring security consultant for $1.2 billion loan project...
The World Bank has mandated the hiring of a security consultant to address pervasive insecurity issues affecting its $1.2 billion loan project in Nigeria.
The...
World Bank, IMF deepen effort to scale up climate action
The World Bank Group (WBG) and the International Monetary Fund (IMF) deepen their cooperation to help countries scale up action to confront the threat...
FG Secures $500m World Bank loan to boost electricity distribution
In a strategic move to address the identified gaps in the electricity distribution companies (DisCos), the Federal Government of Nigeria has secured a $500...
Borno govt, World Bank train 100 livestock extension agents
The Borno government, in collaboration with the World Bank, has trained 100 extension agents as part of measures to boost livestock production in the...
Tinubu okays $750m for rural electrification
The Federal Government has approved a $750m World Bank funding for the construction of 1,200 mini-grids in rural communities across Nigeria.
The Managing Director/Chief Executive...
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