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Opinion

World Bank’s Africa’s Pulse: Leveraging Resource Wealth During the Low Carbon Transition

April 11, 2023/World Bank Group The April 2023 edition of the Africa’s Pulse shows growth across Sub-Saharan Africa remains sluggish, dragged down by uncertainty in...

Money

Subsidy Removal: Nigerians To Benefit From $800m W’Bank Palliative

The Federal Government has secured $800m from the International Bank for Reconstruction and Development (a.k.a, the World Bank), to provide post-petroleum subsidy palliatives...

Money

World Bank President Announces Intention To Step Down

The World Bank Group President, David Malpass has announced his intention to step down from his position by the end of the Bank...

Technology

World Bank Tasks Nigeria On Increased Broadband Penetration In Rural Areas

The World Bank has tasked Nigeria to increase its broadband penetration to provide internet access to people in rural areas and remote places....

Money

Kwara Secures World Bank N887m Projects Fund

The Executive Secretary of Kwara’s Health Care Development Agency, Dr Nusirat Elelu, has said the state has secured World Bank’s funding to support...

Money

World Bank Downgrades Nigeria’s Economic Growth Projection

The World Bank Group has once again lowered its growth projection for Nigeria’s economy, citing a weakened oil sector as its primary reason....

Money

‘FX Crisis, Insecurity Reducing Investment Inflow To Nigeria’

The World Bank has said foreign direct investment in Nigeria remains low because of limited forex availability, security concerns, and other structural challenges....

Uncategorized

Petrol, Electricity Subsidies Hurting Poor Nigerians – W’Bank

The World Bank has said that subsidies benefit only rich households and reduce government spending on poor Nigerians. This was contained in a...

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