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Gov. Aliyu urges World Bank to review project procurement framework

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Gov. Ahmad Aliyu of Sokoto State has urged the World Bank to ease procurement processes to address bottlenecks in project implementation. Aliyu made the call...

World Bank grants $300m to help Angola speed up economic diversification

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The World Bank has granted Angola 300 million U.S. dollars to help it diversify its economy. The funding for the “Diversifica Mais (D+)” project was...

Global child deaths drop to 4.9m in 2022– UN report

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The number of children who died before their fifth birthday has reached a historic low, dropping to 4.9 million in 2022. This is according to...

World Bank tasks Nigeria on increased broadband penetration in rural areas

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The World Bank has tasked Nigeria to increase its broadband penetration to provide internet access to people in rural areas and remote places. The World...

World Bank downgrades 2023 global growth forecast to 1.7%

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 Global economic growth was projected to slow to 1.7 per cent in 2023, 1.3 percentage points below the forecast made in June last year. Marking...

World Bank raise Philippine growth forecast in 2021

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The World Bank on Tuesday raised its forecast for Philippine economic growth to 5.3 per cent despite remaining uncertainty over the COVID-19 pandemic. The growth...

World Bank projects 5.6% growth for global economy

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The global economy is expected to grow at 5.6 per cent in 2021, although many emerging market and developing economies continue to struggle with...

World Bank lists Nigeria among countries with biggest electricity deficit

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Despite the fact that a greater share of the global population gained access to electricity than ever before in the last decade, Nigeria still...

World Bank approves $700m credit for Nigeria

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The World Bank has approved a $700 million credit for the Nigeria Sustainable Urban and Rural Water Supply, Sanitation and Hygiene Programme (SURWASH). It made...

Seven plants produce Nigeria’s 59% electricity – World Bank

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Power supply in Nigeria comes majorly from seven power generation plants that produce 59 per cent of the total electricity supplied across the country,...

Edo gets $75m World Bank fund to support education reforms

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The Edo State government said the World Bank has approved a $75 million facility to support the state administration's vision of holistically revamping the state’s...

5,691 Bauchi teachers undergo World Bank, SUBEB skills’ training

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The Bauchi State Universal Basic Education Board (BASUBEB) says it has trained 5,691 teachers on different aspects of teaching and learning to enhance their...

Uganda gets World Bank $48m to fight Locust Invasion

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The World Bank said its board of executive directors has approved $48 million to help Uganda fight a desert locust invasion threatening livelihoods. The funds,...

26 Zamfara communities gets World Bank’s N207m

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No less than 26 Zamfara communities have executed various development projects worth N207 million, with funding support from the World Bank in 2019, under...

World Bank urges Africa to embrace global value chains

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The World Bank, on Wednesday, urged African countries to embrace global value chains to boost their national incomes. The Vice President of development economics and...

Ebola: World Bank Excludes Nigeria From $105m West African Fund

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The World Bank Group’s Board of Executive Directors has approved a $105m grant to finance Ebola-containment efforts in West African countries infected with the...

Nigeria, third on world poverty index— World Bank

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THE World Bank President,  Jim Yong Kim, yesterday, at the ongoing IMF/World Bank Spring Meetings restated that Nigeria is one of the top five...
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