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World Bank

12 Jun 2023
The Ibadan Urban Flood Management Project (IUFMP) is seeking collaboration with the University of Ibadan (UI) to transform its project into a centre of excellence.
9 Jun 2023
The World Bank has retained Nigeria alongside Afghanistan, Somalia, South Sudan and Yemeh as hotspots of global food security concerns, raising a red flag on the governments’ capacity to weather the storm.
7 Jun 2023
The World Bank, in its June Global Economic Prospects, has marginally marked down Nigeria’s output growth for this year to 2.8 per cent on account of the slower speed seen in the first quarter.
7 Jun 2023
The expansion of renewable energy has outpaced efforts to provide basic energy access to people living in poor communities, a report says.
31 May 2023
Today’s generic hypothesis is simple: effective financial stewardship implicates due diligence, productivity, prudence, regulatory and statutory compliance. It includes sharp prioritisation and resource allocation, positive cash flow, sensible investments, and assets (reserves) consistently outperforming liabilities (gearing) on the balance sheet.
20 May 2023
The Minister of State for Budget and National Planning, Prince Clem Agba says that the World Bank has extended the federal government’s COVID-19 Action Recovery and Economic Stimulus (NG CARES) Programme by 12 months.
15 May 2023
SOCIO-Economic Rights and Accountability Project (SERAP) has urged World Bank President, David Malpass, to suspend any disbursement of $800 million loan to the Federal Government.
14 May 2023
The Chief Executive Officer of Connected Development (CODE), Hamzat Lawal, has advised the Nigerian government to close all leakages that could fuel corruption before proceeding with its plans to access a loan from the World Bank worth $800 million. Lawal, a renowned anti-corruption campaigner, made the comment while speaking on Hard Copy, an interview programme…
10 May 2023
The Senate President, Ahmad Lawan has read a letter from President Muhammdu Buhari, GCFR, requesting for the approval of an additional financing of the National Social Safety Net Programme to the tune of $800 Million to be secured from the World Bank.
8 May 2023
If there is one persisting, yet critical issue of national importance that must be frontally tackled by the incoming administration, after May 29, 2023 it has to be that of drastically reducing the huge burden of the cost of governance. So debilitating it has become that it is weighing down the steps towards economic recovery.
28 Apr 2023
The April Commodity Price Outlook, a report of the World Bank, points to a continuous drop in the cost of commodities and reveals that general prices were about 30 per cent off their historical peak at the height of the Russia-Ukraine crisis last year.
26 Apr 2023
The World Trade Organisation (WTO), World Bank Group and the World Economic Forum (WEF) have launched Action on Climate and Trade (ACT), a new initiative that aims to help participating developing economies, including least-developed countries, use trade to meet their climate change mitigation and adaptation goals.

Latest

6 mins ago
The Lagos State Government said its food security initiative is fully on track. Lagos State Commissioner for Information and Strategy, Gbenga Omotoso, disclosed this at a press briefing on Thursday. Omotosho said with the Ounje Eko intervention programme (discount weekly market), the food security initiative of the state is solid. READ ALSO: Lagos requires N50b…
14 mins ago
The Federal Government has charged stakeholders in the automotive sector on the realisation of made-in-Nigeria vehicles for economic growth and development. The Minister of Industry, Trade and Investment, Dr Doris Anite, said this on Thursday in Abuja, during a Dialogue on Automotive Component Manufacturing in Nigeria. According to Anite, the country has the consumer base…
20 mins ago
Bosses worried about turnover or wondering how long a new hire will stick around can now turn to AI for a heads-up on who might be next out the door.
33 mins ago
The Lagos State Government said it will test run the Redline Rail from Agbado to Iddo next week. The Lagos State Commissioner for Information and Strategy, Gbenga Omotoso, disclosed this at a press briefing on Thursday. Omotoso said that for two months, various interest groups and stakeholders will be invited to take a ride on…
34 mins ago
Police in Lagos State have intercepted some bags of substances, suspected to be Indian Hemp, at a Jetty in Ojo area of Lagos and arrested a suspect.
36 mins ago
Afrobeats superstar Davido has partnered with United Masters to launch his label Nine+ Records. Davido aims to nurture new talent and explore diverse musical genres beyond Afrobeats, including hip-hop, R&B, Latin, and more. He is partnering with Veteran American record executive, Steve Stoute, who is the founder of United Records. Speaking about his partnership with…
51 mins ago
Nigerian Army troops have successfully repelled an attack by the proscribed Indigenous People of Biafra (IPOB) and its militia arm, the Eastern Security Network (ESN), in Okija, Ihiala Local Government Area of Anambra.
1 hour ago
Police operatives in Katsina have foiled an attack on Sabuwa town, headquarters of Sabuwa local government area of the state, neutralising one suspected bandit.
1 hour ago
Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, says the administration of President Bola Tinubu is working to put Nigeria on a solid economic pedestal.
1 hour ago
Gov. Lucky Aiyedatiwa of Ondo State on Thursday concluded a seven-day campaign tour of the 18 local government areas of the state ahead of the Saturday’s governorship primary of the All Progressives Congress(APC).