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The World Bank said it has advanced over $200 million as support to Kano (Northwest), Gombe in North East, Aba in Southeast and Ekiti in Southwest as informal apprenticeship for …
World Bank advances over $200 million to Kano, Ekiti, others for apprenticeship development Read MoreThe World Bank has cut Nigeria’s 2022 growth forecast to 3.1 per cent from a previous forecast of 3.8 per cent, it said during a briefing in Abuja on Thursday. …
World Bank downgrades Nigeria’s growth to 3.1% Read More
The World Bank has said that Nigerians abroad sent home $20.9 billion to families and friends. This was contained in its latest Migration and Development Brief published Wednesday on its …
Revealed! How much Nigerians abroad remitted in 2022 – World Bank Read More
“Too often, services fail poor people – in access, in quantity, in quality. But the fact that there are strong examples where services do work means governments and citizens can …
World Bank and citizen engagement Read More
ActionAid Nigeria (AAN) has observed that that the current number of 133million poor Nigerians by National Bureau of Statistics (NBS) far exceeds the World Bank’s projection for the country in …
Poverty: NBS’ 133m figure exceeds World Bank’s projection for 2022 – ActionAid Read MoreReports that the World Bank has raised the poverty line to $2.15 (N936.32) from $1.90 (N827.45), effective September 2022 should, everything being equal, be a cause to cheer, especially by …
World Bank’s new poverty line Read MoreThe World Bank has announced a new multi-partner fund that will pool funding from the global community including donor countries, the private sector and foundations for scalable pathways to greenhouse …
World Bank to reduce greenhouse gas emissions Read More
World Bank has announced a new multi-partner fund that will pool funding from the global community — including donor countries, the private sector and foundations — for scalable pathways to …
World Bank group presents new fund for lowering emissions Read MoreReports that the World Bank has raised the poverty line to $2.15 (N936.32) from $1.90 (N827.45), starting from September 2022 should, everything being equal, be a cause to cheer, especially …
World Bank’s move against poverty Read MoreNigeria’s economic misery is likely to continue till 2024, if predictions by the World Bank is anything to go by. The bank sees crude oil prices falling in the next …
Economic woes may continue as World Bank forecast oil price drop Read MoreLagos government has disclosed that it has sought collaboration with World Bank for rapid delivery of technology-driven and affordable mass housing schemes in the state. This was contained in a …
Lagos to partner World Bank on affordable housing Read MoreSub-Saharan Africa’s economy is set to grow 3.3% this year, down from 4.1 per cent in 2021, the World Bank said on Tuesday, due to slowing global growth, drought, increased …
Sub-Saharan Africa’s growth to drop to 3.3% 2022 – World Bank Read MoreReports that the World Bank has raised the poverty line to $2.15 (N936.32) from $1.90 (N827.45), starting from September 2022 should, everything being equal, be a cause to cheer, especially …
As World Bank raises poverty line… Read More
Recent media report that the total debt owed to the World Bank Group by Nigeria rose by $660 million in the first six months of 2022, is not only worrisome …
Nigeria’s worrisome debt profile Read MoreLast week the World Bank shocked the world with its release on state-by-state poverty index on Nigeria. The index is a sad reminder of the abject poverty in the midst …
World Bank and Nigeria’s worsening poverty Read More
The World Bank President, David Malpass, has disclosed that cheap and functional mobile phones and affordable internet access are necessary for expanding digital finance in developing economies. According to him, …
Cheap phones, internet vital to digital finance – World Bank Read MoreThe World Bank Group says it has responded to the overlapping global crises by deploying $114.9 billion in financing in 2022. The Bank in its website said in its just …
World Bank deploys $114.9bn to finance global crises in 2022 Read MoreThe World Bank has attributed the surge in use of digital payments to the COVID-19 pandemic, adding that three-quarters of adults now have a bank or mobile money account. In …
COVID-19 responsible for rise in digital payments – World Bank Read MoreThe COVID-19 pandemic has spurred financial inclusion–driving a large increase in digital payments amid the global expansion of formal financial services, the World Bank has said. This expansion, the global …
COVID-19 drives global digital payment surge – World Bank Read MoreWe are in an era of economic uncertainties that characterised the post COVID-19 pandemic. The global economy currently is in a reverse gear courtesy inflation, stock depreciation, and rising public …
Why World Bank faults CBN policies Read MoreThe World Bank has said that fuel shortage and rising inflation will likely restrain economic growth in Nigeria. It said this in its June 2022 edition of its Global Economic …
Fuel shortage, inflation to cripple economic growth – World Bank Read MoreThe World Bank has reviewed its projections on Nigeria’s development and replaced them with a mixed grill that sounds even gloomier. The bank raised Nigeria’s gross domestic product (GDP) growth …
How to spend N5trn: World Bank formula Read More
The World Bank has stated that the Central Bank of Nigeria’s low-interest loans undermines commercial banks that lend on a risk-adjusted pricing basis and needs to be dialled down. This …
World Bank warns, apex bank low interest loans harming commercial banks Read MoreWorld Bank has warned that the world is facing its deepest global recession since World War 11 over the ongoing war between Russia and Ukraine which entered its fourth month. …
World facing global recession over Russia, Ukraine war – World Bank Read MoreThe World Bank has predicted that more people in Nigeria and its Sub-Saharan neighbours are expected to fall into extreme poverty. According to a report obtained via a World Bank newsletter …
More Nigerians’ll fall into extreme poverty, World Bank predicts Read More