World Bank boosts STEM projects in universities with $70million
As part of its contribution to the development of Science, Technology, Engineering and Mathematics (STEM), in the nation’s universities, the World Bank has committed $70m to projects in 10 institutions across the country.
Nigeria seeks $5.2b from World Bank for electricity
Nigeria is seeking $5.2 billion from the World Bank to expand electricity generation and help the economy recover from its first contraction in 25 years.
World Bank resumes aid to impoverished Malawi
Donors, which provide about 40 percent of Malawi's budget, in 2013 pulled the plug on aid of around $150 million (110 million euros) after British auditors said at least $30 million was stolen from state coffers over a six-month period.
World Bank expects oil prices to hit $60 per barrel in 2018
The World Bank has retained its forecast for crude oil prices this year at $55 per barrel, but its projecting a price increase of $60 a barrel by 2018, owing to production cutback of petroleum exporting countries.
Institutions in an age of distributed systems
For instance, Nigeria ranked 169th of 190 countries in the World Bank’s ‘doing business’ rankings, and the results are just as bad on many other measures.
No further information on Abacha’s loot spendings, says World Bank
The World Bank has told Lagos based rights group, the Socio-Economic Rights and Accountability Project (SERAP) that it has no additional information on projects...
Edo-Azura power plans attracts World Bank, IMF interest
This was as the Azura Independent Power Plant, financed by the International Finance Corporation (IFC), which was expected to provide electricity to 14 million residential consumers, was highlighted to display how the World Bank Group’s collaboration supports.....
States yet to meet conditions for second tranche Paris Club refund
A further check at the Office of the Director Funds in the Office of the Accountant General Office. Mr. Alex Adeyimi also indicated that there was no payment instruction from the Federal Ministry of Finance.
In Washington, the economic world meets Trump climate skepticism
The regular meetings of the World Bank and International Monetary Fund -- always accompanied by a gathering of G20 finance ministers -- have rung out with calls to action against global warming in recent years.