#World Bank

President Muhammadu Buhari’s regime is looking to acquire funds from the International Monetary Fund (IMF) and is in talks with the World Bank to restructure the country’s debts. Finance minister Zainab Ahmed also disclosed plans to take…

The Lagos State Government has sought increased collaboration with the World Bank for the development of mass housing schemes in the state. The state Commissioner for Housing, Mr Moruf Akinderu-Fatai, made the appeal, according to a…

The World Bank says the world is unlikely to meet the goal of ending extreme poverty by 2030, according to a new World Bank study. This is contained in a statement by the World Bank on Thursday. According to the statement, this is due…

The federal government has called the attention of Governor David Umahi to the World Bank’s move to shut down its project implementation agencies in Ebonyi. In a letter from the Office of the Secretary to the Government of the Federation…

Special Adviser to the President, Ease of Doing Business/PEBEC Secretary, Dr Jumoke Oduwole, at the weekend, disclosed that state governments will start accessing the World Bank’s $750 million facility by December 2022. This was even as…

The World Bank has approved $750 million for the Nigeria State Action on Business Enabling Reforms (SABER) Programme-for-Results. This is contained in a statement obtained from the World Bank website on Friday in Abuja. The statement…

The Food and Agriculture Organisation (FAO), International Monetary Fund (IMF), World Bank Group (WBG), World Food Programme (WFP), and World Trade Organisation (WTO) want urgent action to address the global food crisis. FAO…

The Partnership to Engage, Reform and Learn (PERL) has urged critical stakeholders to sustain the gains being recorded by the World Bank-supported States’ Fiscal Transparency, Accountability and Sustainability (SFTAS) Programme. Ifeanyi…

The World Bank Group (WBG) has agreed to increase its assistance to Nigeria’s poor and vulnerable, says Vice President Yemi Osinbajo. In a tweet on Friday, disclosed that he met with WBG President, David Malpass, and discussed a wide…

A World Bank report says natural disasters cost Nigeria and other low- and middle-income countries $390 billion annually in lost revenue due to power, telecommunication, transportation, and water disruptions. This was disclosed in an…