world bank

  1. Samguine

    Metro Unbelievable: 158 million Nigerians live bellow N720 per day – The Sun News

    The National Population Commission (NPC) recently informed the world that Nigeria has a population of 198 million. Now, if that figure is anything to go by, it means that 158.40 million Nigerians, about 80 per cent of this … Read more via The Sun News – https://ift.tt/2JRtRtt Get More...
  2. curator

    Nigeria attracts $7.8bn FDIs from privatization programme – BusinessDay News

    Alex Okoh, Director-General, Bureau of Public Enterprises (BPE) announced on Thursday that the government has attracted $7.8 billion Foreign Direct.... Read more via BusinessDay News – https://ift.tt/2JDmqWO Get more: Nigeria Business News
  3. Samguine

    ‘Africa has 2% of world’s cars, 20% of road deaths’ – The Sun News

    With the highest rate of road traffic fatalities compared to any other region in the world, despite only having only 2 per cent of the world’s vehicles. Africa’s road safety crisis was in the spotlight on the first day of the International … Read more via The Sun News –...
  4. curator

    World Bank invests $10.7bn in Nigeria – Vanguard News

    WORLD Bank Group has invested about $10.734 billion in projects and programmes in Nigeria. The bank’s delegation of 10 executive directors which visited the country last week, said it was excited with the economy’s return to growth and pledged more collaboration to … Read more via Vanguard...
  5. curator

    World Bank backs IMF on poverty rate in Nigeria – Daily Post Nigeria

    The World Bank says unemployment and poverty rates increased in Nigeria despite an exit from recession in 2017. The apex global financial institution made these remarks in a report made available to newsmen Thursday. According to the report titled, “Nigeria Bi-annual Economic Update: Fragile...
  6. curator

    Nigeria’s poverty rate rising despite recession exit –W’Bank – The Sun News

    The World Bank says unemployment and poverty rates increased in Nigeria despite an exit from recession in 2017. The Bretton Wood institution made these remarks in a report released on this week. The report titled, “Nigeria Bi-annual Economic Update: Fragile Recovery,” read: “The decline in the...
  7. curator

    Nigeria’s GDP growth is over two per cent, says World Bank – The Guardian Newspaper

    The World Bank has said that since Nigeria emerged from recession, its Gross Domestic Product (GDP) growth in 2018 is expected to be a little over two per cent, and largely oil sector driven. According to its bi-annual … Read more via The Guardian Newspaper – https://ift.tt/2rcVdzK Get...
  8. curator

    What’s the point of the IMF and World Bank? – City A.M.

    It is hard to square a US President bent on protectionism with two institutions that have been a bulwark for free trade for over 70 years. The Bretton Woods institutions, as the World Bank and International Monetary Fund (IMF) are known collectively, were created during the Second World …...
  9. siteadmin

    Kano Govt, World Bank to construct 500km rural roads – BusinessDay News

    Kano State Government has signed a Memorandum of Understanding with the World Bank to construct 500 kilometres of roads in rural areas of the state. A statement by Abba Anwar, Chief Press Secretary to Governor Abdullahi Ganduje, made available to newsmen in Kano on … Read more via...
  10. Kayode Falayi

    Politics $350m loan: Kaduna senators put personal frustration above people’s welfare – State govt - Blueprint

    The three senators from Kaduna state were driven by their personal frustration in rejecting the $350m World Bank loan sought by Kaduna state government, rather than the people’s right to better quality of life and infrastructure, the state government has said. The Senate had on Thursday turned...
  11. curator

    Business Nigerian government gets $3m from World Bank to create more innovation hubs – Techpoint.ng

    The World Bank has approved $3 million to support the Nigerian government’s bid to diversify the country’s economy. This is coming after an earlier tranche of $3 million had been provided to support a batch of innovations. The news was disclosed by the Vice President Yemi Osinbajo at the opening...
  12. curator

    Business World Bank approves $486M to improve power generation in Nigeria – BusinessDay

    The World Bank, on Thursday approved $486 Million international Development Association (IDA) Credit fund for the improvement of the Nigeria Electricity Transmission Network and infrastructure. According to World Bank, the investments under the Nigeria Electricity Transmission Project will...
  13. curator

    Business World Bank Group scores Nigeria agric sub-sector low – Vanguard News

    The World Bank Group on Tuesday in Abuja has said there is a need for governments to strengthen laws that govern the agricultural sector in the country. HARVEST: Women with baskets of tomatoes harvested from farmlands Mr Farbod Youssefi, the Programme Manager at the World Bank made the Read...
  14. Samguine

    Metro World Bank says periods cause girls to be absent from school – Vanguard News

    A UNESCO report estimates that one in ten girls in Sub-Saharan Africa misses school during their menstrual cycle. By some estimates, this equals as much as twenty percent of a given school year. Girls often miss school during their menstrual periods Many girls drop out of school altogether once...
  15. curator

    Business World Bank: Nigeria to grow by 2.5% in 2018 – The Sun News

    World Bank: Nigeria to grow by 2.5% in 2018 — 9th January 2018 (NAN) The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 percent in 2018, as the country benefits from improved commodity … via The Sun News – http://ift.tt/2CKq6PQ Get more: Nigeria Business...
  16. S

    Politics Edo State Govt Approves N500M for N2b World Bank Grant

    The Commissioner for Communications and Orientation of Edo State, Hon. Paul Ohonbamu informed the public of the State’s push to access the World Bank’s N2B grant to Edo State’s work on developing its infrastructural projects, N500 Million has been approved by the State as counterpart funding. He...
  17. Samguine

    Metro Two Civil Servants In Abuja Jailed For 105 Years Over World Bank Fraud

    An FCT High Court sitting in Jabi on Monday sentenced two civil servants, Mohammed Audu and Yusuf Ayodeji, to 105 years imprisonment, for fraudulent activities while handling a World Bank project. The convicts who were Procurement Officers in the Office of the Accountant-General of the...
  18. Samguine

    Politics Atiku Reacts To Buhari’s Call On World Bank To Focus On Northern Nigeria

    Former vice president Atiku Abubakar has reacted to a disclosure by World Bank president, Jim Yong Kim, that President Muhammadu Buhari sought the institution’s support for Northern states. In a Facebook post on Saturday, Atiku stated that news of assistance to Nigerians by international...
  19. Lequte

    Business IMF Stamps Nigeria's Recovery From Recession

    The International Monetary Fund, IMF, has projected that Nigeria's economy will recover from recession in 2017. IMF's latest World Economic Outlook (WEO) says Nigeria Gross Domestic Product (GDP) will grow by 0.8 percent in 2017 and 2.3 percent in 2018, buoyed by increased crude oil production...
  20. RemmyAlex

    Business Nigeria's Inflation Rate Hits 18.55%

    Nigeria’s headline inflation has risen to 18.55 per cent its highest in more than 11 years, as World Bank predicted the country will get out of recession and grow its Gross Domestic Product by one per cent in 2017. In its January 2017 Global Economic Prospects report released on January 11, the...
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