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Monday, February 24, 2020

World Bank

87% of Nigeria’s poor people are in the North, says World Bank

    ....Pres. Buhari's North-West records  half of the figure A huge 87 per cent of the poor and wretched in Nigeria are in the Northern zone, according to a World Bank report.  The World Bank notes that although Nigeria is richly endowed, it has...

Nigeria needs $3 trillion to address infrastructure deficit- Finance Minister

  Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has disclosed that Nigeria requires about $3 trillion over the next 30 years to sufficiently address its infrastructure deficit. The finance minister added that Nigeria currently have a pervasive revenue generation...

Minister of Finance, Budget and Planning, CBN Governor at the Plenary Session of the IMFC

      Kristalina Georgieva, IMF boss, former MD IMF Christine Lagarde, Nigeria'sMinister of Fianace, Budget and planning, Zainab Ahmed, Central Bank Governor, Mr. Godwin Emefiele, Dr. Kingsley Obiora, Alternate Executive Director, Africa Group One Constituency at the IMF.            

Nigeria’s $3bn World Bank facility ‘ll be invested in power sector — Finance Minister

Kunle Akinsola Nigeria is set to access the World Bank facility of three billion dollars, according to the Finance Minister, Zainab Ahmed. Speaking in Washington DC at an interactive session with  with journalists, Ahmed, disclosed that the facility which will be...

World Bank commits  $15bn to reducing child mortality, stunting in Africa

By Ruth Olurounbi, in Washington DC   The World Bank will spend as much as $15 billion in fiscal years 2021-2023 to “drastically” reduce child mortality, stunting and increasing learning outcomes in the Sub-Saharan Africa, the bank’s Vice President for Africa Hafez...

David Malpass is new World Bank president

The World Bank's executive board on Friday unanimously approved David Malpass as the development bank's 13th president. The 63-year-old senior US Treasury official begins his five-year term as head of the World Bank on Tuesday, replacing former president Jim Yong...

Ivanka Trump under consideration to lead World Bank

President Donald Trump's daughter, Ivanka Trump, who works as a White House adviser, is one of the names being considered as a replacement for The World Bank's outgoing president, Jim Yong Kim. Other possible American nominees to lead the bank...

In Photos: A Look at CBN Governor Emefiele at the World Bank, IMF Spring Meeting

Per Second News Here’s a look back at what happened during World Bank/IMF Spring meeting in Washington.            

Elumelu, World Bank President at the IMF, World Bank Spring Meeting in Washington

Heirs Holdings Chairman, Mr Tony Elumelu, alongside World Bank President Jim Yong Kim  and Jeff Weiner of LinkedIn on Thursday in Washington.
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Latest News

NNPC gets thumbs-up for ‘Operation White’

  The Independent Petroleum Marketers Association of Nigeria (IPMAN), Kano State chapter, has praised the NNPC for ensuring the success...
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What You Need to Know About Robert O’Brien New U.S National Security Adviser

    President Donald Trump recently appointed Robert C. O'Brien as the new U.S National Security Adviser, NSA.   Trump  revealed last week that he asked former NSA...

” The king has returned to the top, says Fury after defeating Wilder

  The 31-year-old Briton twice knocked down reigning champion Wilder before finally claiming victory in the seventh round when the American's corner threw in the...

SERAP, others sue Gbajabiamila, Reps over ‘plan to spend N5.04bn on 400 exotic cars’  

  The Socio-Economic Rights and Accountability Project (SERAP) and 192 concerned Nigerians have filed a lawsuit asking the Federal High Court in Abuja to “restrain...

Saving Lives : NNPC Donates Tissue Transplant Medical Equipment Worth Over N200M to Kano Teaching Hospital

  The Nigerian National Petroleum Cooperation (NNPC) donated tissue typing and cross match laboratory equipment worth over N200 million to the Aminu Kano Teaching Hospital (AKTH)...