Tag: World Bank
203 Ekiti schools benefit from $25m World Bank grant
203 public schools in Ekiti State have benefitted from the $25 million School Improvement Grant (SIG) released by the World Bank to uplift the...
Nigeria secures World Bank’s $2.25bn loan at 1% interest rate
The Federal Government had secured a $2.25 billion single-interest loan from the World Bank.
The facility offers a 40-year-term with 10 years moratorium at one...
2030: World Bank, AfDB partner to connect 300m Africans to electricity
The World Bank Group and African Development Bank (AfDB) Group are partnering on an ambitious effort to provide at least 300 million people in...
NLC knocks W/Bank for advising FG to increase petrol to N750/litre
The Nigeria Labour Congress (NLC) has condemned the advice by the World Bank to the Federal Government to increase petrol price to N750 per...
Nigeria, other developing countries serviced debt with $443.5bn in 2022
....Poorest countries face risk of debt crises as borrowing costs surge – World Bank
Amid the biggest surge in global interest rates in four decades,...
ACF to FG: Reject World Bank, IMF’s recommendations on Nigerian economy
The Arewa Consultative Forum (ACF) has cautioned the Federal Government against adopting what it described as “out-of-context and largely discredited public policy” solutions recommended...
Tinubu meets World Bank President, discusses reforms
President Bola Tinubu, on Friday, August 4, 2023, met with the President of the World Bank, Ajay Banga, at the Presidential Villa in Abuja.
Speaking...
Senate approves Tinubu’s $800m loan request
The Senate has approved the request of President Bola Tinubu to obtain a loan of $800 million from the World Bank to finance the...
Tinubu seeks Senate’s approval for $800m World Bank loan
President Bola Tinubu has sought the approval of the Senate to obtain a loan of $800 million from the World Bank to finance the...
World Bank: How subsidy removal’ll affect vulnerable Nigerians
The World Bank has stated that without adequate compensation, the removal of fuel subsidy will impact negatively on Nigerians.
The Bank in its June 2023...
