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.