World Bank
10 Nov
The World Bank on Friday provided Sri Lanka $150 million to underwrite savings of millions of depositors in a move that highlights the bankrupt country's financial fragility as it recovers from a crisis last year.
2 Nov
The World Bank says it has so far disbursed over $300 million out of its $750 million commitment for the implementation of the Nigerian COVID-19 Action Recovery and Economic Stimulus (NG-CARES).
19 Oct 2023
The World Bank has urged the federal government to adopt the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) social protection programme for the distribution of the fuel subsidy removal palliatives if it is desirous of reaching the real poor and vulnerable citizens.
18 Oct 2023
To a lot of people in the developing world, and especially Sub-Saharan Africa, where desperately striving to eke a living on the World Bank’s estimation of a per capita income of $1626; and where life assumes Hobbesian dimensions - short, nasty and brutish; the phrase, circular economy, sounds, just like yet another, fanciful piece of…
15 Oct 2023
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has emerged the Chairman of the African Governors’ Forum of the World Bank.
11 Oct 2023
The World Bank, on Wednesday, expressed its vision to channel its intervention “Global South” countries to economic inclusion of women and children in the global economy. Its President, Ajay Banga, said this while addressing the press during THE 2023 Annual Meetings of the bank and IMF in Marrakech, Morocco. The News Agency of Nigeria (NAN)…
10 Oct 2023
World Bank President Ajay Banga said Tuesday the global lender has dramatically cut its funding of fossil fuel projects but defended its investments in natural gas, even as the bank eyes reforms to battle climate change.
9 Oct 2023
The IMF and World Bank gather in Morocco Monday for their first annual meetings on African soil in 50 years, under pressure to reform to better aid poor nations blighted by debt and climate change.
6 Oct 2023
Despite initial backlash and delay from local assemblers, the World Bank, in Abuja, yesterday, went ahead with a plan to provide about 1.25 million electricity meters, even as the Federal Government insisted estimated billing must end.
5 Oct 2023
The World Bank has listed the Nigerian naira among the worst-performing currencies in Africa.
5 Oct 2023
The World Bank has urged Nigeria and other countries in sub-Saharan Africa (SSA) to ensure cost-effective private sector reforms, uniform policy enforcement across firm sizes and regulatory alignment with regional trading partners among other policies...
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