Nigeria's rise in the World Bank's Doing Business ranking does not reflect the country's reality
The World Bank released its Doing Business 2020 report and Africa's economic powerhouse, Nigeria, was ranked among the most improved countries. It ranks 131st among 194 countries observed; it moved 15 spots from the 146th placement in the 2018 ranking. This is good news, of course, except that it does not reflect the true economic…
World Bank’s N3b Cross River erosion project ready in 18 months
After two years of suspension, the N3bn World Bank erosion control project at Ikot Nkebre, Cross River State, has resumed with a target completion date of 18 months.
FEC okays $50.6m additional shares in World Bank
The Federal Executive Council (FEC) has approved for Nigeria to subscribe additional 3,230 shares worth $50.637 million in the International Bank for Reconstruction and Development (IBRD) of the World Bank.
What do you do when the sick refuses the needed medication
In ancient times, as our people say, when the sick perceive their sickness, they sought the Babalawo, the father of knowledge. He might be female and knowledgeable in the area of sickness.
Oyo urges sustainable maintenance of projects
Oyo State government has urged the key stakeholders overseeing World Bank-Assisted Community and Social Development Projects (CSDPs) within the state to evolve and maintain sustainable...
World Bank pledges to assist Nigeria increase IGR
The World Bank has pledged its support towards assisting Nigeria to increase its Internally Generated Revenue (IGR) to address poverty and service delivery by government.
Nigeria’s new rating by World Bank commendable – Analyst
A Public Affairs Analyst, Mr Carl Umegboro has commended President Muhammadu Buhari on the recent 15 places rise rating of Nigeria in the latest index from the World Bank.
Nigeria moves 15 spots up on Ease of Doing Business Index
Nigeria has moved up by 15 places to 131 on the World Bank’s Ease of Doing Business ranking. Africa's most populous country was ranked 146th in the previous year. The report is an annual publication that measures business regulations across 190 countries. In its latest study, World Bank ranked Nigeria in the top 10 economies…