Nigeria’s GDP per capita falls to $824, worse than 1960 levels –AfDB President Adesina

By Olalekan Adigun The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has warned…

World Bank appoints Aliko Dangote to Elite Group

…Tasks him to drive Investment and job creations in emerging economies The President and Chief Executive…

World Bank approves Nigeria’s $1.13bn loan request

By Adebari Oguntoye The World Bank says a total of a $1.13 billion loan request from…

Leaving No Country Behind: Africa’s Path Breaking Collective Action On Vaccines

By Axel Van Trotsenburg World Bank’s Managing Director of Operations   As the health systems of…

Ibadan Flood Control: We remain committed to World Bank-backed Project – Makinde

…Prospect for resolution of issues high Governor ‘Seyi Makinde of Oyo State has expressed his avowed…

N76bn World Bank Project: Oyo Not Losing Any Fund – Makinde’s CPS

..says commentators are misguided The Chief Press Secretary to Governor Seyi Makinde of Oyo State, Mr.…

Countries Can Take Steps Now to Rebuild from COVID-19 – World Bank Group’s Global Economic Prospects report.

Securing core public services, getting money directly to people and maintaining the private sector will limit…

COVID-19: How the World Bank is helping countries procure critical medical supplies

BY ENZO DE LAURENTIIS In these dire circumstances, the World Bank is stepping up its support…

A simple way to close the multi-trillion-dollar infrastructure financing gap By Jason Zhengrong LU

Even in the best of times, infrastructure is notoriously difficult to get right. It’s capital intensive,…

Nigeria needs the IMF/World Bank debt relief, debt moratorium and debt pardon – NLC

NIGERIA NEEDS THE IMF/WORLD BANK DEBT RELIEF, DEBT MORATORIUM AND DEBT PARDON        …

$3.4 bn facility from World Bank/IMF not a loan – Finance Minister

$3.4BN FACILITY FROM WORLD BANK/IMF IS NOT A LOAN”- Mrs. Zainab Shamsuna Ahmed By Yunusa Tanko…

World Bank Group announces up to $12 billion immediate support for COVID-19 country response

WASHINGTON, March 3, 2020 — As COVID-19 reaches more than 60 countries, the World Bank Group is…

Eliminating extreme poverty requires urgent focus on fragile and conflict-affected countries – World Bank

People, Peace, Prosperity   CONTEXT While extreme poverty is going down around the world, it is…

Buhari Happy With World Bank Rating Of Nigeria On 2020 Doing Business Index

President Muhammadu Buhari has expressed delight with the World Bank’s 2020 Doing Business Index (DBI) which…

Insecurity: World Bank to invest $510m in Lake Chad Basin

  The World Bank is willing to invest $510m, in three tranches, in the Lake Chad…

Staying focused on better outcomes for the world’s poorest people

Global growth remains subdued, with the pace of investment and trade softening, and downside risks persisting…

Nigeria: Some statistics from IMF, World Bank, are wild estimates, says Buhari as he inaugurates Economic Advisory Council

  President Muhammadu Buhari Wednesday in Abuja administered oaths of office on members of the newly…

Ekiti To Benefit From World Bank Rural Access & Agric Marketing Project

The World Bank has said Ekiti would soon join the list of states that will benefit…

Malaysia’s need for speed: How regulatory action is unleashing ultrafast Internet

With new regulatory reforms in place, Malaysia is set to benefit from faster Internet connections for…

World Bank investments in Nigeria hit $11 billion

The World Bank Country Director for Nigeria, Mr. Rachid Benmessaoud, has said the bank’s net portfolio…