$22 billion Sent by Diaspora Nigerians in 2017
Diaspora Nigerians wired $22 billion home in 2017, an African record and the fifth largest remittance by immigrants, according to the World Bank.
Egypt received $20 billion from its citizens abroad, according to figures published by the bank...
World Bank Criticizes Nigeria , Others Over Rising Debts
The World Bank has raised the alarm over rising debts in African countries, including Nigeria.
While releasing ‘Africa’s Pulse’, a biannual analysis of African economies in Washington on Wednesday, the World Bank’s Chief Economist Africa, Albert Zeufack;...
Climate Change: Over 140 million May be Refugees by 2050- Report
A new World Bank report has found that by 2050 the worsening impacts of climate change in three densely populated regions of the world could see more than 140 million people move within their...
World Bank Begins Preparation Towards Nigeria’s $500m Power Distribution Project
The World Bank has commenced preparations for the $500m Nigerian Electricity Distribution Improvement Project.
It was learnt that the bank had conducted a fact-finding mission in the distribution sub-sector of the industry in order to ascertain...
World Bank Group Launches World Development Report on Education in Nigeria
The World Bank Group, the Federal Ministry of Finance and the Federal Ministry of Education in synergy have co-launched the World Development Report (WDR) 2018: ‘Learning to Realize Education’s Promise’ at the International Conference...
Nigeria Leads Africa in Implementing Sustainable-Finance Reforms- Report
Nigeria has introduced banking reforms to expand sustainable lending, becoming one of 34 emerging markets that are a major force in driving development and fighting climate change, according to the first comprehensive Global Progress Report of the...
