Tag: World Bank
World Bank approves $1.5bn loan for Nigeria
The World Bank country director for Nigeria, Mr. Shubham Chaudhuri said yesterday that the Breton Wood institution had approved Nigeria’s request for a $1.5...
52-year-old Eswatini PM Dlamini dies of COVID-19
The prime minister of Eswatini, Africa’s last absolute monarchy, died in a South African hospital on Sunday after contracting coronavirus, the government said in...
UN, World Bank urge school openings amid COVID-19 pandemic
The United Nations and the World Bank pleaded in a new report Wednesday for schools to remain open despite Covid-19 risks, highlighting the damage...
World Bank spends N90bn on community projects in 11 years —...
The Community and Social Development Project (CSDP) initiative of the federal government with support from the World Bank spent N90 billion on community projects...
WTO retains Okonjo-Iweala for DG contest, drops three candidates
The World Trade Organisation (WTO) has dropped three candidates from the race to be the next director general of the body and retained the...
Nigeria replaces India as world capital of under-five child mortality
The 2020 United Nations Children’s Fund (UNICEF) mortality estimates show that Nigeria has taken over from India as the world capital for under-five deaths.
I...
Twenty-four states share N43.416bn SFTAS fund
The federal government has disbursed N43, 416, 000, 000.00 to 24 states of the federation under the World Bank-assisted States Fiscal Transparency, Accountability and...
Africa still needs $44bn to fight coronavirus pandemic ―WB, IMF
The World Bank and the International Monetary Fund (IMF) said on Friday Africa needs $44 billion more to fight the coronavirus pandemic despite a...
Nigeria approaches IMF, others for $6.9bn loan
The minister of finance, budget and national planning, Mrs. Zainab Ahmed said yesterday that Nigeria would raise about $6.050 billion from the International Monetary...
World Bank injects $150bn into coronavirus-ravaged economies
The World Bank Group has expressed its readiness to deploy about $150 billion over the next 15 months to stimulate economic recovery of countries...
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