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Business

FG, Worldbank Channels $600m To Rehabilitate Rural Roads

The Federal Ministry of Agriculture and Food Security (FMAFS) on Monday announced a collaboration with the World Bank, to allocate $600m to rehabilitate 200,000...
News

Reps To Probe Alleged Misuse Of N350bn World Bank Loan

The House of Representatives has moved to probe the alleged mismanagement of the N350bn ($232 million) World Bank loan set aside for the Accelerating...
News

$32m missing in Nigeria’s water project, World Bank reveals

The World Bank has disclosed that the sum of $32 million is missing and unaccounted for in a water project approved for Nigeria.This was...
Business

World Bank warns latest fuel price hike may worsen inflation in Nigeria

The World Bank has warned that the latest increase in the prices of Premium Motor Spirit (PMS) also known as petrol in September may...
Business

World Bank okays Nigeria’s economic reforms, says fiscal deficit shrinking

The World Bank on Thursday passed a vote of confidence on the economic reforms by President Bola Tinubu’s administration saying they are beginning to...
Business

World Bank approves $500m COVID-19 grant for Nigeria

The World Bank has approved a $500-million grant to support Nigeria’s recovery efforts from the impacts of the COVID-19 pandemic.The funds will be utilised...
Business

World Bank backs Nigeria’s $750M electrification plan for rural communities

Nigeria is set to launch a groundbreaking rural electricity project next month, backed by a $750 million financing package from the World Bank.The project,...
Politics

Obaseki’s Administration Most Responsible, Transparent – Edo State Govt Replies Oshiomhole

The Edo State Government has said that the administration of Governor Godwin Obaseki is the most open and responsible in the state’s history.The Edo...
Business

FG Partners World Bank On Land Titling, Registration

The Federal Ministry of Housing and Urban Development and the World Bank Group, on Wednesday, resolved to address the 90 per cent of unregistered...
News

Nigeria looks to World Bank for $50m loan for power sector reforms

In a move aimed at bolstering its ongoing power sector reforms, the Nigerian government has requested a $50 million loan from the World Bank.The...
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