Nigeria’s Economy Slipping - World Bank
The World Bank has said that the Nigerian economy has been slipping since 1995 and this continued till 2018.
The bank, in its latest report on the regional economy titled, ‘Africa’s Pulse’, released the taxonomy of growth performance in sub-Saharan...
W'Bank Closes Window For President Nominations
The World Bank’s Board of Executive Directors, on Thursday, announced the closing of the period for submitting nominations for the position of the next president of the bank.
The board said in a statement that it received one nomination –...
W'Bank, AfDB Promise Nigeria, Others $47.5bn To Tackle Climate Change
The World Bank and the African Development Bank said on Thursday that they would together commit $47.5bn by 2025 to help African countries tackle the effects of climate change.
Despite contributing four per cent of the...
To Fund $2bn Abidjan-Lagos Expressway, ECOWAS Seeks W/Bank's Support
The Economic Community of West African States has requested funding support from the World Bank for the construction of the 1,080km six-lane Abidjan-Lagos Highway.
It stated that the $22.72m mobilised by the European Union and African Development...
ITU, W/Bank Move To Boost Financial Inclusion
Worried about the slow adoption rate in digital transactions in developing countries, Nigeria inclusive, the International Telecommunications Union (ITU), is considering new measures on how to create more global awareness around digital transactions, that will make more people...
FG Hasn't Concluded Talks On World Bank PSRP Loan - Fashola
The federal government has not concluded its negotiation of a $2.5 billion loan expected from the World Bank in support of the implementation of its Power Sector Recovery Programme (PSRP), the Minister of Power,...
