Infrastructure: W/Bank Provides $200m Facility For Nigeria, Others The Board of the World Bank Group says it is providing over $200m to help increase access to electricity in West Africa and the Sahel Region. It stated that it had approved the Regional Off-Grid Electrification Project, which...

World Bank Investments In Nigeria Hikes To $8.52bn   Nigeria’s liabilities to the World Bank Group now stands at $8.52bn, investigation has shown. Statistics obtained from the Debt Management Office in Abuja on Wednesday showed that the group’s portfolio rose from $5.73bn as of March 31, 2015...

Nigeria has asked the World Bank Group and the International Monetary Fund (IMF) to scale up the provision of and access to renewable energy in order to deliver development results and meet global climate goals. Nigeria’s position on renewable energy and regional integration was presented...

For the second successive year, Nigeria has won the Ideas for Action initiative, a youth competition on financing for development, which is yearly organised by the World Bank Group in collaboration with the Zicklin Center for Business Ethics Research. Nigeria’s winning proposal, “Kitovu”, came out...

The World Bank Group has announced $1 billion fund for Women Entrepreneurs Finance Initiative in Nigeria and other developing countries. The fund, which was launched at the G20 leaders’ summit recently, will help women in developing countries gain increased access to the finance, markets and...

The World Bank Group is set to assist Nigeria’s State Governments improve their fiscal sustainability by strengthening and consolidating the Fiscal Sustainability Plan (FSP). The FSP was introduced by Federal Government in 2016 as part of the measures to tackle the 2015-2016 fiscal crisis that...