Tag: four firms, three nigerians, world bank
Corruption:World Bank sanctions four firms, three Nigerians
The World Bank has disclosed that it sanctioned seven Nigerian firms and individuals for corruption during its 2022 fiscal year. World Bank approves $750m to boost...
World Bank approves $750m to boost Nigeria’s business environment
The World Bank has approved 750 million dollars for the Nigeria State Action on Business Enabling Reforms (SABER) Programme-for-Results. World Bank warns of...
World Bank warns of consequences of rate hikes
…Says it may trigger global recession The World Bank Group has warned Nigeria as well as other developing economies that simultaneous rate hikes in response...
Nigeria’s debt to World Bank rises by $660m
The total debt owed to the World Bank Group by Nigeria rose by $660m in the first six months of 202 With subsidy, Nigeria is postponing evil day-World...
Economy: World Bank,FG in crucial meeting
A team of World Bank officials would be meeting with critical government officials in Nigeria to find solutions towards fixing the nation’s crumbling economy that is...
World Bank approves $474m loan to S.Africa for COVID vaccines
The World Bank on Tuesday approved a loan of 454.4 million euros (474.4 million dollars) to help South Africa fund COVID-19 vaccine purchases. More...
More Nigerians’ll fall into extreme poverty, World Bank report
The World Bank has predicted that more people in Nigeria and its Sub-Saharan neighbours are expected to fall into extreme poverty. Tough times await...
The warning from Obasanjo and Jonathan
By Lasisi Olagunju Ph.D On Thursday, October 13, 2017, there was an uproar when the then World Bank president, Jim Yong Kim, innocently announced that...
Sudan coup: World Bank suspends aid after military take over
The World Bank has suspended its aid to Sudan, after the military there staged a coup against the civilian government. Political leaders were arrested on Monday,...
COVID-19: World Bank okays Nigeria’s $750m economic programme
The World Bank has declared as “effective“ Nigeria’s 750-million-dollars COVID-19 Action Recovery and Economic Stimulus (NG-CARES) Programme. Mr Aso...
