World Bank

The Senate has received a formal request from President Muhammadu Buhari to consider and approve an external loan to fund projects captured under the 2018-2021 borrowing plan. The letter dated 24th August, 2021 was read during plenary by…

President Muhammadu Buhari has written to the National Assembly seeking fresh loans of $4,054,476,863 and €710 million in an addendum to the 2018-2020 borrowing plan. The request was contained in a letter read by Senate President Ahmad…

Nigeria is currently going through one of its worst unemployment crises in recent times, a new report by the World Bank has stated. The multilateral institution also noted that the socio-economic challenges facing Nigerians in the last…

By Modupe Salabiu Globally, Community Development Associations are indeed Veritable tools for nation building. They serve as partners in progress in achieving geometric development both at the rural and urban areas of the nation. It is…

Peru’s Congress, on Monday, chose a 76-year-old former World Bank official as the South American country’s new president, the third in a week. Francisco Sagasti was elected as lawmakers met to try to find a way out of a political crisis,…

When: 17th October 2019. Who: The German Ministry for Economic Cooperation and Development (www.bmz.de/en), and the UK Department for International Development (DFID), and African Risk Capacity (ARC) Where: Room J-B1 075, J-Building of…

President Muhammadu Buhari says some of the statistics about Nigeria published by the World Bank, the International Monetary Fund (IMF) and other foreign bodies are not accurate. The president made this statement shortly after meeting…

 By Babajide Okeowo The World Bank has advised Nigeria to improve on its spending on social investment programmes to address the large number of people living in extreme poverty in the country. World Bank Country Director, Mr. Rachid…

The Federal Government may have entered into discussion to secure a World Bank concessionary loan to the tune of $2.5 million. This was disclosed by World Bank’s Vice president for Africa, Hafez Ghanem. Ghanem said this during an…

The World Bank says it has lifted aid embargo to Tanzania and approved a 450 million dollars loan to the East African country. The bank said on Friday the low-interest loan covered a poverty- reduction programme that would help around…