The World Bank has raised Nigeria’s growth projection from 1.1 percent previously estimated earlier in the year to 1.8 percent for 2021. The Washington-based organisation disclosed...
The World Bank has approved the Nigeria Sustainable Urban and Rural Water Supply, Sanitation, and Hygiene Program (SURWASH). The $700 million credit from the bank’s subsidiary,...
The World Bank will in the next few weeks make some major announcements concerning its efforts to commence the production of COVID-19 vaccines in some African...
The World Bank Group yesterday rejected request by African heads of state for cancellation of their countries’ debts, saying the world has moved past that line...
The World Bank has revealed a spending plan of $150 billion to support Africa in the next five years. Speaking at the Summit on Financing African...
Lagos State Government says its World Bank-assisted Agro-Processing, Productivity Enhancement, Livelihood Improvement Support (APPEALS) Project will construct 13.16km Farm Access Roads (FARs) in four cluster areas....
Projects with foreign sponsors have played an important role in developing sizable infrastructure projects in Nigeria, the World Bank said on Thursday. The World Bank said...
Meanwhile, the Federal Government has queried the report of a survey conducted by the World Bank which claimed that 78 per cent of power consumers in...
The Federal Government of Nigeria is spending $1.5bn (N568.5bn at N379/$ exchange rate) annually to fund electricity tariff shortfalls, the World Bank has said. According to...
The World Bank has revised its growth forecast for Sub-Saharan Africa (SSA) from -5.1 per cent to 3.4 per cent growth for 2021. The Washington-based institution,...