World Bank Okays Fresh N2.4trn Loan For Nigeria
The World Bank has announced the approval of $1.57 billion ( N2.4 trillion at N1601 to a dollar) to boost human capital in Nigeria through better health for women, children and adolescents.
According to a statement by the...
Health Sector Gets $1.57bn from World Bank
The World Bank has approved three new financing totalling $1.57 billion to support the health sector in Nigeria.
This was contained in a statement by the bank’s Country Office, today, in Abuja.
According to the bank, the funds would be...
FG, World Bank Collaborate on Power Sector Reforms
The Federal Government and the World Bank have expressed their commitment to providing electricity access to 300 million people across Africa by 2030.
This was as they promised to implement critical reforms to boost productivity in the Nigerian...
In light of the recent hike in petrol prices and ongoing food supply challenges facing the country, economists have cautioned that the number of Nigerians living below the poverty line could soon surpass the 104 million projected by the World Bank for 2023.Â
World Bank, AfDB Move To Invest $7.5bn In Nigeria’s Power Sector
The Minister of Power, Adebayo Adelabu, has said that the World Bank and the African Development Bank have concluded plans to invest $30bn in boosting electricity in Africa.
Of this sum, Adelabu said Nigeria will...
World Bank Injects $500million into Women Empowerment Project
The Minister of Women Affairs, Uju Kennedy Ohanenye, disclosed that the World Bank has approved a new loan of $500 million for the Nigeria Women Project.
She said that the project aims to directly benefit a wider range...
