world bank news

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    Business World Bank: We’ve invested $11bn in Nigeria - The Cable

    Rachid Benmessaoud, country director, World Bank Group, says its operations in Nigeria has gulped $11 billion. He said this on Thursday in Abuja at the maiden edition of the Nigeria Portfolio Performance Award. read more
  2. Nigeria Business News

    Business W’Bank, AfDB Blacklist 15 Nigerian Companies, 9 Individuals – Leadership Newspaper

    The World Bank and the African Development Bank (AfDB) have blacklisted 15 Nigerian firms doing businesses with them. Also, nine Nigerians nationals for various forms of procurement malpractices have been blacklisted by the global and continental financial institutions. An online news medium...
  3. Nigeria Business News

    Business World Bank Earmarks $4bn for 36 States – Thisdaylive Newspaper

    The World Bank has earmarked about $4 billion for poverty eradication, erosion control, human capital development and health-related issues in the 36 states of the federation.... Read more via Thisdaylive Newspaper – https://ift.tt/2Xe46v1 Get more: Nigeria Business News
  4. Nigeria Business News

    Business World Bank earmarks $200m for 60,000 Nigerians – Newtelegraph

    No fewer than 60,000 Nigerians will benefit from World Bank’s $200 million agriculture-funded project. Of the number, 21,000 women are direct beneficiaries of the World Bank project..... Read more via Newtelegraph – http://bit.ly/31TUaVU Get more: Nigeria Business News
  5. Nigeria Business News

    Business Over $17bn raised from bonds by Nigeria and other African countries – World bank – Nairametrics

    The World Bank has reported that Nigeria, Kenya, Côte d’Ivoire, and other sub-Saharan African countries raised over $17 billion from bond issuances in 2018. This was described as a landmark development by the global development bank. This information is contained in a report titled “Africa...
  6. Nigeria World News

    World World Bank Provides $150 Million Grant To Support Host Communities and Refugees in Uganda – World Bank

    The World Bank’s Board of Executive Directors approved today a grant of $150 million additional financing from the International Development Association (IDA) to boost an ongoing project to improve access to basic social... Read more via World Bank – http://bit.ly/2XmgfJL Get more World News
  7. Nigeria Political News

    Politics FG gives conditions for fuel subsidy removal – Vanguard News

    The federal government has given conditions for removal of subsidy on premium motor spirit (otherwise known as fuel) which includes provision of alternative cushioning measures mutually agreed between stakeholders to protect … Read more via Vanguard News – http://bit.ly/2UEQVll Get More...
  8. Nigeria Metro News

    Metro FG Spent N731 Billion to Subsidise Inflated Petrol Imports, Says W’Bank – Thisdaylive

    A World Bank report called the “Nigeria Biannual Economic Update” for 2018, which was released on Monday and obtained by THISDAY yesterday in Abuja disclosed that Nigeria spent N731 billion to subsidise petrol consumption in the year under … Read more via Thisdaylive – http://bit.ly/2U3EeLL...
  9. Nigeria World News

    World India highest recipient of remittances at $79 billion in 2018: World Bank – Business Standard

    India retained its position as the world’s top recipient of remittances with its diaspora sending a whopping USD 79 billion back home in 2018, the World Bank said in a report Monday. India was followed by China (USD 67 billion), Mexico (USD 36 billion), the Philippines (USD 34 … Read more...
  10. Nigeria Business News

    Business World Bank Cuts Growth Forecast For Sub-Saharan Africa – Leadership Newspaper

    The World Bank has cut its growth forecast for Sub-Saharan Africa this year to 2.8 percent from an initial 3.3 percent, citing a slowing down in the economies of Nigeria and Angola as well as South Africa. Nigeria, South Africa and Angola, which make up about 60 percent … Read more via...
  11. Nigeria World News

    World Trump Loyalist David Malpass Becomes 13th World Bank President Through Unanimous Selection – Sahara Reporters

    David Malpass has emerged as President of the World Bank. Malpass, a Donald Trump loyalist who was a senior economic adviser to the US President during his 2016 election campaign.... Read more via Sahara Reporters – http://bit.ly/2uKZqvY Get more World News
  12. Nigeria World News

    World World Bank gets new president – Premium Times Nigeria

    The Executive Directors of the World Bank on Friday unanimously selected David Malpass as the new president of the World Bank Group. Mr Malpass’ five-year term will begin on April.... Read more via Premium Times Nigeria – http://bit.ly/2VqhXJE Get more World News
  13. Nigeria World News

    World West Africa’s Coast: Losing Over $3.8 Billion a Year to Erosion, Flooding and Pollution – World Bank

    For a long time, Yacine Dieng used to make a decent living as a fishmonger in Bargny, Senegal. Like other members of the Lebou, tribe of the fishermen, she took pride in living on the coast, and off the marine resources that were plentiful. But … Read more via World Bank –...
  14. Nigeria Business News

    Business Ngozi Okonjo-Iweala awaiting nomination from the ‘right people’ to become World Bank President – Pulse Nigeria

    Okonjo-Iweala says she has not declared her intention. The Nigeria’s former minister … Read more via Pulse Nigeria – http://bit.ly/2CMQCsX Get more: Nigeria Business News
  15. Nigeria Metro News

    Metro FG: We use World Bank loan for social investment protection programme – Newtelegraph

    The Federal Government has said that the ongoing Social Investment Protection Programme of the present administration was being implemented from the loan facility obtained from the World Bank. This revelation came on the heels of controversial letter of former President Olusegun Obasanjo...
  16. Nigeria World News

    World Here’s how much the Ghanaian economy made from 2.2 million mobile money transactions in 2018 – Pulse Nigeria

    These transactions were done between May and December 2018. The Ghana … Read more via Pulse Nigeria – http://bit.ly/2TXTnPd Get more World News
  17. Nigeria Metro News

    Metro Insurgency: FG, World Bank to assist over 9,000 farmers in Adamawa – Official – Vanguard News Nigeria

    The Federal Government in collaboration with the World Bank is set to assist 9,360 ... Read more via Vanguard News Nigeria – https://ift.tt/2Euu6Yc Get More Nigeria Metro News
  18. Nigeria Business News

    Business How FG, World Bank disappoint FADAMA/GUYS beneficiaries – The Guardian Nigeria Newspaper –

    More than one year after beneficiaries of the Fadama programme, an initiative of the Federal Government and the World Bank were validated and promised disbursement of fund for agricultural purposes, the FADAMA III AF authorities have again asked … Read more via The Guardian Nigeria Newspaper...
  19. Nigeria Metro News

    Metro World Bank Says Nigeria May Soon Become The World Capital For Under-5 Deaths – Stella Dimoko Korkus.com

    According to World Bank's report, Nigeria will take over India as the world capital for deaths of children under the age of five by 2021. The bank’s report was based on the fact that India, with a population of 1.3 billion recorded 989,000 under-five deaths in 2017, while Nigeria, with 196...
  20. Nigeria Metro News

    Metro 17 Nigerian Universities get $70m research grant from World Bank – pulse.ng

    The grant is meant to conduct researches on infectious diseases, tropical diseases and reproductive health in Africa. About 17 Nigerian Universities have reportedly been approved to receive the sum of $70m under the World Bank Africa Centres of Excellence project. The grant … Read more via...