22.1 C
Abuja
Saturday, September 7, 2024
- Advertisement -spot_img

TAG

World Bank

Nigeria Seeks $500m World Bank Loan for Dam Safety and Water Management

The Nigerian Federal Government has approached the World Bank for a $500 million loan to enhance dam safety and water resource management across the...

New partnership aims to connect 300 million to electricity by 2030

The World Bank Group has revealed that the Group and African Development Bank Group are partnering on an ambitious effort to provide at least...

World Bank Group aims to expand health services to 1.5 billion people

The World Bank Group today announced an ambitious plan to support countries in delivering quality, affordable health services to 1.5 billion people by 2030....

IMF warns Nigeria’s foreign reserves could plummet to $24bn by 2024

In its recent country report for Nigeria, the International Monetary Fund (IMF) has sounded a cautionary note, forecasting a potential drop in the nation's...

World Bank: Internet access reduces extreme poverty by 7% in Nigeria, Tanzania

In a recent brief titled "Digital transformation drives development in Africa," the World Bank revealed that increased access to internet coverage contributed to a...

Nigeria pursues $1.5bn World Bank aid to address naira decline

In a bid to combat the profound dollar shortage contributing to the depreciation of the naira, Nigeria is actively seeking $1.5 billion in aid...

Less than 1% of targeted households receive government’s N25,000 monthly cash transfer

Recent data from the World Bank's Lead Economist for Nigeria, Alex Sienaert, reveals that only 0.1% of the anticipated poor and vulnerable households have...

Naira among worst-performing currencies in Africa, World Bank reports

In a recent report titled 'Africa’s Pulse: An analysis of issues shaping Africa’s economic future (October 2023 | Volume 28),' the World Bank has...

World Bank projects weak 2.9% economic growth for Nigeria, calls for urgent jobs creation

The World Bank has projected Nigeria’s economy to grow at 2.9 %, while calling for urgent steps to be taken in creating more jobs...

World Bank to finance initiative empowering girls in Nigeria

The World Bank has approved a fresh $700 million loan for Nigeria to enhance adolescent girls’ learning and empowerment. It disclosed this in a statement...

Latest news

- Advertisement -spot_img