World Bank
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Business

Food inflation, insecurity slow Nigeria’s economic growth, World Bank says
Nigerian economic growth has resumed after the COVID shock but is lagging the rest of sub-Saharan Africa, with food inflation,…
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Business

Nigeria, six others top gas flaring countries – World Bank
The World Bank says Russia, Iraq, Iran, the United States, Algeria, Venezuela and Nigeria remain the top seven gas flaring…
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Business

World Bank approves $500m to improve Nigeria’s electricity distribution
The World Bank approved $500 million to support the government of Nigeria in improving its electricity distribution sector. The project…
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Business

World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19…
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News

COVID: World Bank provides NIMC with $229m PPE
The World Bank has supported the National Identity Management Commission with protective equipment against Covid-19 worth $229m, to assist the…
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Business

World Bank approves $1.5bn loan for Nigeria
The World Bank Group (WBG) discussed a new five-year Country Partnership Framework (CPF) from 2021 to 2024 and approved a…
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Business

Nigeria needs more naira reform for $1.5bn loan – W/Bank
The World Bank needs Nigeria to strengthen reforms of its currency, the naira, before it can approve a $1.5 billion…
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Business

World Bank president commends FG for removing fuel subsidy
Mr David Malpass, President of the World Bank Group, has commended the Federal Government for removing subsidies on petroleum products.He…
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News

Flooding: Sokoto govt wait on World Bank for NEWMAP commencement
In order to mitigate the disaster of perennial flooding, particularly in some areas within metropolitan Sokoto, the state governor, Aminu…




