World Bank

4 million more Nigerians pushed into poverty in first 6 months of 2023, 7.1m more to join if subsidy removal isn’t managed well – World Bank

The World Bank has disclosed that four million Nigerians were pushed into poverty in the first six months of this…

1 year ago

Many World Bank grants are marred in corruption – ICPC

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has alleged that some grants coming from the World Bank…

1 year ago

Nigeria’s Borrowing From World Bank Hits $14.34bn In Q1 2023

According to a report obtained from the World Bank, Nigeria’s borrowings has reached $14.34bn as of March 31, 2023. Truetells…

2 years ago

Meet New World Bank President Ajay Banga [Photo]

The World Bank Group’s executive directors has selected a former chief executive officer (CEO) of Mastercard, Ajay Banga, as president.…

2 years ago

It would take Nigeria 300 years to build world class infrastructures – World Bank

The World bank recently assessed Nigeria’s capacity to build the kind of infrastructures the country is currently seeking funding for.…

2 years ago

World Bank, US Exim Bank Invest $3Billion In Nigeria’s Plan On Renewable Energy, Power Sector Reforms

The goal of Nigeria’s Energy Transition Plan is to achieve universal access to energy by 2030. The World Bank and…

2 years ago

World Bank Blacklists 18 Nigerian Firms, Individuals For Corruption

World Bank has released a new report revealing a list of Nigerian companies and individuals involved in corrupt practices and…

3 years ago

World Bank Approves $700m Loan For Nigeria

 World Bank has approved a $700 million loan for the Nigeria Sustainable Urban and Rural Water Supply, Sanitation and Hygiene…

4 years ago

FG Seeks $750m Loan From World Bank

Minister of Finance, Budget, and National Planning, Zainab Ahmed, says the Federal Government, is in the process of acquiring a…

4 years ago