WTO: Africa’s Chance and the Ngozi Okonjo-Iweala Candidacy
By Yushau A. Shuaib
With quite a reputation behind her, Dr. Ngozi Okonjo-Iweala appears to mean different things to different people across the spaces she has straddled. This is why I paused for a moment of contemplation when...
World Bank Appoints Two Vice Presidents For Africa
The World Bank has appointed a another Vice President for the Sub-Saharan Africa Region.
The region’s portfolio was formally managed by one Vice president, a position occupied by Mr. Hafez Ghanem, an Egyptian and French national.
With the new...
Nigeria Faces Worst Recession In 40 Years - World Bank
The collapse in oil prices resulting from COVID-19 pandemic is expected to plunge the Nigerian economy into a severe economic recession, the worst since the 1980s, the World Bank has said.
The bank stated this in...
World Bank Approves $750m For Nigeria’s Power Sector
The World Bank has approved a $750 million International Development Association credit for Nigeria’s Power Sector Recovery Operation.
This was contained in a statement issued by the bank on Wednesday.
The statement quoted World Bank Country Director for Nigeria,...
W/Bank: Poorest Countries To Save $12bn In 2020 Debt Relief
The world’s poorest countries could save over $12 billion owed to sovereign and other creditors this year through their participation in a debt-relief program, with Angola alone saving some $3.4 billion, according to estimates published...
With More Transparency, Nigeria Recovers $3bn from Oil Sector - W/Bank
The World Bank and the Extractive Industries Transparency Initiative (EITI), the global standard for the promotion of openness in the oil, gas and mineral resources management, have said Nigeria has so far recovered about...
