4 days ago
The Federal Government, in collaboration with the World Bank, has embarked on a $700m Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project against environmental degradation in Nigeria.
No fewer than 25,000 women have benefitted from World Bank’s N1.5b intervention grants in Kebbi State tagged Nigeria for Women Projects.
The precarious state of Nigeria’s public finance has been widely acknowledged both locally and by multilateral financial institutions such as the World Bank and the International Monetary Fund (IMF).
Over N1 billion has been disbursed out of a World Bank’s $100 million loan facility for the implementation of the Nigeria for Women Project in six states.
Worsening economic crisis, including galloping inflation, weakened currency, rising unemployment and deepened poverty, is the subject matter of a meeting of governors of the 36 states of the federation with officials of the World Bank and three key ministers today.
With the upgrade of 10 substations aimed at addressing the power needs of over 13 million people in Lagos State, the World Bank and Transmission Company of Nigeria (TCN) may be contributing
Imo State Government has siad it has started receiving $11 million from the World Bank under its State Fiscal Transparency Accountability and Sustainability (SFTAS) programme.
The Nigerian Financial Intelligence Unit (NFIU), in Riga, Latvia, scored the highest points and emerged top to clinch the Best Egmont Case Award (BECA) nomination among the 164-member countries of the Egmont Group.
At least 6,000 crop and livestock farmers in Kwara State have benefited from the first round of government and World Bank-enabled support along agricultural value chains.
Like many Africans, Nigerians have an inherent suspicion of international institutions operating on the continent. It surely has as much to do with clouded colonial memories
Somehow, the Nigerian economy has tottered and wobbled through the first half of year 2022 (January to June), with practically all the indicators exhibiting worrisome trends.
• World Bank calls for sovereign debt changes ahead of looming recession • Cold attitude to reforms harming domestic investment outlook, experts say • ‘Challenge western countries but with better policy options’ • Nigeria’s Eurobond rises by about 100% in six months Nigeria is gradually inching towards a financial ‘blockade’ at the international financial market,…