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World Bank

Grimmer and grimmer, by Nick Dazang

May 8, 2025 Verity News 0

Nigeria is fast assuming the unseemly status of a delinquent or a reproach. There are seldom good tidings about us nowadays.In spite of the World Bank’s […]

World bank at IMF meetings: Nigeria’s productivity depends on electricity improvements

October 28, 2024 Blossom 0

The World Bank says Nigeria must ramp up its electricity supply to support manufacturers’ efforts to industrialise the economy. Ndame Diop, World Bank country director […]

Enough of IMF/World Bank puppets, by Nick Dazang

October 18, 2024 Verity News 0

Individuals, corporate entities and countries which succeed are those who plan for the long haul, provide for contingencies  and keep their eyes firmly on the […]

‘Act now,’ World Bank sounds alarm as global floods disrupt education for 404 million children

September 17, 2024 Blossom 0

The World Bank has called on governments of countries affected by severe flooding, to take immediate steps to forestall future occurrences as no fewer than […]

Nigeria requests 18-month extension for $800M World Bank palliative scheme

June 20, 2024 Blossom 0

Nigeria has requested an 18-month extension on the closing date of the World Bank’s $800m palliative loan to boost its social safety net programs. The […]

Federal Government considers $750m World Bank loan, contemplates telecom tax

May 7, 2024 Blossom 0

In pursuit of securing a new $750m loan from the World Bank, the Federal Government may reintroduce previously suspended telecom tax and other fiscal measures. […]

Nigerian government inaugurates steering committee for ID4D World Bank project

March 20, 2024 Verity News 0

By Abdullahi Mohammed, Abuja The Secretary to the Government of the Federation (SGF) Senator George Akume has inaugurated the newly constituted Steering Committee for the […]

$55 Million: 5,000 Farmers in Cross River, Ondo benefit from World Bank, FAO intervention

February 11, 2024 Blossom 0

At least 5000 smallholder farmers have been listed to benefit from the World Bank, Food And Agriculture Organisation, FAO, as well as partners’ interventions in […]

2023: Only 1.5 households received FG’s N25,000 cash transfer – World Bank confirms

December 18, 2023 Blossom 0

The World Bank says only 1.5 million of the 15 million targeted vulnerable Nigerian households have received the Federal Government’s N25,000 conditional cash transfer. World […]

Sylla, Senegal’s ambassador calls out IMF, World Bank for Limiting lending to Africa Countries

October 16, 2023 Blossom 0

Ibrahima Sory Sylla, the ambassador of Senegal to China, has criticized the World Bank and the International Monetary Fund (IMF) for their stringent lending policies […]

World Bank borrowers’ list: Nigeria ranks 4th with $14.3billion debt – Report

October 15, 2023 Blossom 0

Nigeria has been ranked in fourth place on the World Bank’s top 10 International Development Association (IDA) borrowers’ list with $14.3 billion in debt. This […]

Nigeria, other nations beg IMF, World Bank to cancel their debt

October 12, 2023 Blossom 0

Nigeriamj and some other countries have intensified their campaign to get Western countries to reduce or cancel their debts. The countries made a request for […]

Knocks as Senate approves fresh $800m World Bank borrowing

July 14, 2023 Blossom 0

The Senate has approved President Bola Tinubu’s request for $800 million borrowing from the World Bank. The president’s request was in a letter read by […]

Ex-Minister of Finance, Zainab lands World Bank job

July 3, 2023 Blossom 0

The immediate past Minister of Finance, Mrs. Zainab Ahmed has landed a World Bank job as an Alternate Executive Director. Baring hitches, she will resume […]

Breaking: Banga emerges World Bank President

May 3, 2023 Editor 0

The World Bank on Wednesday confirmed Ajay Banga as its next president, taking charge at a pivotal time for the development lender as it looks […]

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