The World Bank has approved two Program-for-Results operations totaling $961 million to support the Nigerian federal and state authorities in their effort to foster inclusion and revive growth, in alignment with the Economic Recovery and Growth Plan (ERGP) spanning 2017–2020.
The Better Education Service Delivery...
The World Bank has blamed Nigeria’s enduring foreign exchange instability on the fixed exchange regime in the official forex market.
In a publication on African economies titled: ‘Africa’s Pulse,’ the World Bank singled out Nigeria and Angola as two countries that had yet to experience...
The Economic and Financial Crimes Commission has unveiled plans to go after multinationals involved in illicit financial flows out of Nigeria.
The Acting Chairman of the commission, Ibrahim Magu, disclosed this in an interview with journalists on the sideline of a conference on the use...
The President of the World Bank, Jim Yong Kim, has said that, based on estimates, automation will soon wipe out two-thirds of all jobs in developing countries.
Kim said this while speaking at the 2017 World Bank Group/IMF Spring Meetings press conference yesterday.
“We estimate that...
The World Bank has approved 150 million dollars credit to help increase the mining sector’s contribution to the Nigerian economy.
The Senior Communication Officer of the bank, Ms Olufunke Olufon said in a statement in Abuja that the project would help to establish a strong foundation...
The World Bank’s Board has approved a $200 million credit to support the Government of Nigeria’s response to the acute humanitarian and forced-displacement crisis triggered by the Boko Haram conflict in North East Nigeria.
The project will provide multi-sectoral crisis recovery in the states of...
