The World Bank, IMF debt reduction plan
Concerted efforts variously embarked upon by international financial institutions to reduce the debt burden of poor countries, including Nigeria, must necessarily be applauded, given their potential to stabilise these struggling economies.
‘How states can access W’Bank’s $2m performance grant’
States that are able to update their records before June 30, 2021, to capture at least 50 per cent of the properties that have electricity connections in urban areas will get the World Bank’s $2 million grant...
World Bank to spend N9b on drainages in Katsina
The World Bank has earmarked more than N8.9 billion to construct stormwater drainages and diversion channels in Jibia Council of Katsina State. The Commissioner for Environment, Hamza Suleman, made this known in an interview with newsmen yesterday. Suleman said the project was to address the flood disaster that wreaked havoc in the area in 2018,…
World Bank, others launch city climate finance gap fund
After an initial effort that eventually turned out to be a ‘false start’, a fresh initiative has been unfolded to support city and local governments facing barriers to financing climate-smart projects.
UN, World Bank, Sirleaf, others make case for gender inclusion
Mainstreaming gender inclusion in governance requires institutional and legal reforms, and deliberate efforts by political leaders to give women a fair chance to contribute to development, according to panelists at the 1st Kwara State Gender Conference yesterday.
NBS to conduct new World Bank sponsored business census
The National Bureau of Statistics (NBS), is set to conduct another round of Business Census in Nigeria, an exercise that was last done 20 years ago due to funding constraints.
World Bank approves $20m post-COVID-19 stimulus fund for Ekiti
Ekiti State Governor Kayode Fayemi, yesterday, said that $20 million had been approved by the World Bank for the state to enable it to execute projects that will cushion the effect of COVID-19 pandemic
World Bank targets green, resilient economic growth in Africa
The World Bank Group yesterday released the Next Generation Africa Climate Business Plan (NG-ACBP), which sets out a blueprint to help Sub-Saharan African (SSA) economies achieve a low carbon
'Why Nigeria may not need delayed $1.5b additional World Bank loan'
With the Department of Petroleum Resources (DPR) remitting at least $1.03bn to the Federal Government and an additional $600m underway from oil and gas royalties and legacy debts
World Bank advocates robust management system to boost Nigeria’s digital economy
World Bank has advocated a robust authentic management system to help boost the country’s digital economy. Nigeria Country Director, World Bank, Chubham Chaudury, said this during a pre-summit (Pre-#NES26) event organised by the Nigerian Economic Summit Group