W/Bank loans Nigeria $700m For Water Supply
The Federal Government has secured a $700m loan from the World Bank for specific water projects in the country, the Minister of Water Resources, Suleiman Adamu, has said.
According to him, most of the problems associated with water supply...
W/Bank Rolls Out N329.53bn Cash Transfer Programme In Nigeria
The World Bank is rolling out an $800m (N329.53bn at official exchange rate) facility designed to fund a large-scale Conditional Cash Transfer programme in Nigeria, the Nigeria Governors’ Forum hinted in its 36th teleconference meeting communique...
W/Bank Experts Say Over 42m Nigerian Rural Adults Lack Banking Services
Two World Bank experts have disclosed that more than 42 million adults who live in rural areas in Nigeria lack basic banking services.
The experts are a consultant, Maarten Froeling, and an Associate Results Measurement...
W/Bank Announces $93bn Package For Nigeria, 73 Others
The World Bank announced on Wednesday a $93bn replenishment package of the International Development Association to help 74 low-income countries respond to the COVID-19 crisis and build a greener, more resilient, and inclusive future.
The Bretton Woods institution...
COVID-19 To Cut N17trn From Global GDP - W/Bank
This generation of students now risks losing $17 trillion in lifetime earnings in present value, or about 14 per cent of today’s global Gross Domestic Product (GDP), as a result of COVID-19 pandemic-related school closures, a...
Conflict, Displacement Hindering Food Production In Nigeria, Nine Others – W/Bank
The World Bank says conflict, forced displacement, and low agricultural productivity hindered Nigeria and some African countries from becoming self-sufficient in food production.
Washington D-based lender said this in a new report published on Wednesday,...
