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Nigeria seeks $6.9 billion IMF, World Bank and AfDB loans to...

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By Paul Carsten ABUJA (Reuters) - Nigeria has requested $6.9 billion from multilateral lenders to combat the impact of the coronavirus pandemic on Africa's biggest...

World Bank approves $250m facility for Ogun State

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Femi Adeleke Abeokuta The World Bank has approved a $250 million fund for various developmental projects in Ogun State. A statement by Special Adviser to the Ogun...

Ogun gets $5m World Bank grant to tackle erosion

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Femi Adeleke Abeokuta The World Bank in collaboration with the Federal Government is set to release $5million to Ogun State as the take off grant for...

Rural Water Scheme: World Bank unhappy with Ogun State Govt

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Rural Water Scheme: World Bank unhappy with Ogun State Govt By Saliu Yusuf The World Bank appears unhappy with the Ogun State Government over the shoddy...

World Bank pledges to assist Nigeria increase IGR

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    The World Bank has pledged its support towards assisting Nigeria to increase its Internally Generated Revenue (IGR) to address poverty and service delivery by...

Federal Govt, Kano State Govt to empower 10,000 youths in Kano

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Kano State Government in collaboration with the Federal Government and World Bank has commenced the process of empowering 10, 000 youths, women and people...

World Bank net commitment to Nigeria hits $11 billion, Oyo is...

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Mr Rachid Benmessaoud, Country Director, World Bank Group, says the bank’s net commitment to Nigeria over the years is about 11 billion dollars. He said...

Flooding: Ogun State, others get $900m from World Bank 

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By Femi Adediran, Abeokuta Ogun State has been considered among other States in Nigeria to benefit from World Bank $900m intervention fund on ecological challenges.     The Chief Press Secretary...

Nigeria Governors’ Forum reviews engagements with World Bank

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By Emmanuel Oloniruha The Nigeria Governors’ Forum (NGF) on Wednesday met with the World Bank to review the bank engagements in the country and at...

Nigeria is not a fragile state — World Bank

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By Patience Omoha-Longyen The World Bank Group on addressing Fragility, Conflict and Violence (FCV) has said that Nigeria is not a fragile state even with...

Technological advancement is mandatory if Africa must develop — World Bank

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By Racheal Ishaya The digital transformation of Africa will foster economic growth and reduce poverty  the World Bank Vice-President for Africa, Mr Hafez Ghanem, has...

Donald Trump nominates critic of global institutions to lead World Bank

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By David Lawder WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday that the World Bank Group should be led by U.S. Treasury official...

Tanzania loses Denmark aid, World Bank loans over human rights concerns

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Tanzania’s second-biggest donor Denmark said it would withhold 10 million dollars worth of aid funds, citing concerns over human rights abuses and “unacceptable homophobic comments’’ made by a government official.

Word Bank to partner State of Osun on livestock production

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  The World Bank has expressed its readiness to collaborate with the State of Osun Government on the need to improve livestock productivity in the...

World Bank denies disagreeing with Adeosun on foreign borrowings

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  The World Bank Group on Wednesday denied that it disagreed with Nigeria's Minister of Finance, Mrs. Kemi Adeosun, over the borrowings by the Nigerian...

World Bank urges Nigeria to invest more in education

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By Olufemi Adediran, Abeokuta The World Bank has called on government at all levels to invest more in the Education sector, observing that the education...

Ogun State partners World Bank, African Development Bank to construct 500km...

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By Olufemi Adediran, Abeokuta The Ogun State government in collaboration with the World Bank and Africa Development Bank (AfDB) have concluded plans to construct 500 km...

Nigeria to borrow $2.3 billion from World Bank, China – Kemi...

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  By Ulf Laessing and Oludare Mayowa LAGOS, Feb 21 (Reuters) - Nigeria wants to borrow at least $1 billion from the World Bank and to...

Ghana has no reason to be poor – World Bank

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"There is no reason why northern Ghana and for that matter, Ghana as a whole should be poor, many countries do not have a fraction of the resources that Ghana has." - World Bank Country Director for Ghana, Liberia and Sierra Leone, Henry Kerali

Delta State decries withdrawal of World Bank’s financial aid

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Delta State Commissioner for Economic Planning, Dr Kingsley Emu, on Sunday lamented that the World Bank’s withdrawal of financial support to the state’s Agricultural Development Programme (ADP) a few years ago has crippled its operations.

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