World Bank

Economy: Why we print more money to finance FG’s budget, by CBN Governor

  The Central Bank of Nigeria (CBN) has come out to explain why it is printing more money to finance the Federal Government’s...

Breaking: World Bank grants Nigeria’s $1.5bn loan

  After several months of application, the World Bank has finally approved Nigeria’s $1.5 billion loan. The facility was prepared jointly with the...

FG, World Bank roll-out solar energy for 25m homes at N4,000 monthly from December 7

  ‌ An interventionist power programme of the Federal Government tagged, “Solar Home Systems”, takes off nationwide this week. Under the programme,  an...

COVID-19 grant: SERAP cautions World Bank against disbursing $114.28m to Nigeria

  Worried by its perceived lack of frugality and accountability in managing loans and other funds by the authorities in the country, the...

World Bank, IMF call on bilateral creditors to suspend debt payments from poor countries

  The World Bank Group and International Monetary Fund, with immediate effect, have called on all official bilateral creditors to suspend debt payments...

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...

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...

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,...

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...

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...

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...

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...

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.

Global Wealth Grew 66% Between 1995 and 2014- World Bank

Global wealth grew significantly over the past two decades but per capita wealth declined or stagnated in more than two dozen countries in...