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Low-Income Country Debt Rises To $860bn In 2020, Says World Bank

While these measures were aimed at addressing the health emergency, cushioning the impact of the pandemic on the poor and vulnerable and putting countries...

Nigeria’s GDP To Grow By 2.4% In 2021, Says World Bank

The World Bank said it expected the Nigerian economy to grow by 2.4 per cent in 2021. The projection is contained in the bank’s Africa...

World Bank Projects 5.6% Growth For Global Economy

The global economy is expected to grow at 5.6 per cent in 2021, although many emerging market and developing economies continue to struggle with...

World  Bank Approves $700m Loan To Assist FG  On Potable Water,...

The World Bank has approved $700 million credit to Nigeria's Sustainable Urban and Rural Water Supply, Sanitation and Hygiene Program (SURWASH) to aid access...

Stronger Data Systems Needed to Fight Poverty, Says World Bank

The World Bank is calling for strengthened national data systems in order to realize the full potential of the data revolution to transform the...

Gaps Remain in Countries Readiness to Deploy COVID-19 Vaccines

As countries undertake the largest vaccination campaign in history, the World Bank has worked with governments, World Health Organization (WHO), United Nations International Children's...

Laws Still Restrict Women’s Economic Opportunities, Says World Bank Report

A new World Bank report has said Countries are inching toward greater gender equality, but women around the world continue to face laws and...

Kogi Govt. Signs $72m Loans Agreement With IFAD, World Bank

By Olawale Ibrahim, Lokoja Kogi State government on Friday signed two seperate loans agreement running to $72 million to boost food security and production in...

World Bank Approves $500m to Boost Nigeria’s Electricity Sector

World Bank has approved $500 million to support Nigeria to improve its electricity distribution sector. The bank, in a statement on Friday, said that the...

World Bank Finally Approves $1.5bn Loan for Nigeria

The World Bank has approved Nigeria’s request for a $1.5 billion loan. In a statement on Tuesday, the Bretton Wood institution said the facility is...
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