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SEEFOR: Mixed Feelings As World Bank, EU, Delta Partnership Ends Soon

Nosa Eresoyen, Asaba Strong mixed feelings among Deltans have continued following the soon to end World Bank, European Union ( EU) Delta State Government’s partnership on State Employment and Expenditure for Results ( SEEFOR) projects in the State. This is

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54,000 Women To Benefit From World Bank Support In Kebbi

Laiatu Bamaiyi, Birnin Kebbi Governor Atiku Bagudu said that 54,000 women in the state will be supported by the World Bank under the Nigeria for Women Project (NFWP), to enhance their livelihood. Bagudu who made the disclosure while inaugurating the State

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World Bank Realigns Africa Region Into Two Vice Presidencies

Mariam Sanni, Abuja The World Bank said its Sub-Saharan Africa Regional portfolio will now be managed by two Vice Presidents, covering Western and Central Africa, and Eastern and Southern Africa, respectively. The Bank said in a statement, said that the

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Nigeria To Get $9.7bn Debt Relief From G-20

By Dickson Pat The Managing Director of the International Monetary Fund, Kristalina Georgieva, and the President of the World Bank, David Malpass at the week end declared that China and other G-20 member nations had reached an agreement to offer

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Nigeria Owes World Bank $9.81bn – Dmo

By Mariam Sanni, Abuja According to the data from the Debt Managemnet Office, the total debt owed to the World Bank Group by Nigeria rose by $1.3bn in one year to $9.81bn as of September 2019. The International Bank for

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World Bank: Another Recession Imminent In 2020, If…

By Yahaya Umar Nigeria risks falling back into economic recession in 2020, if the oil price slips by 2.5%, World Bank warns. Given the lull and uncertainty in the global oil market at the moment, the World Bank Group has

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Nigeria Moves 15 Places In World Bank’s Ease Of Doing Business Ranking

BY MARIAM SANNI, ABUJA Nigeria has moved up 15 places from 146 to 131 out of 190 nations in the latest ranking of World Bank’s ease of doing business. The latest ranking, released on Thursday, revealed that Nigeria scored 4

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World Bank Approves $3bn Loan For Power Sector

The World Bank has finally approved Nigeria’s request for a $3bn loan for the expansion of the transmission and distribution networks in the power sector. The approval was given after a series of meetings held between the officials of the

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Insurgency: We Need More Intervention, Borno Govt Tells World Bank

By Hassan Jirgi, Maiduguri Deputy Governor of Borno State, Alhaji Umar Kadafur has appealed to the world Bank to increase its funding of the state so as to cover more vulnerable communities under its intervention projects, following the impact of

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A’Ibom, World Bank Budget N19bn To Tackle Floods In Three LGs

The Akwa Ibom state government, working in partnership with the World Bank (WB), has earmarked N19 billion to tackle flooding in three local government areas worst affected by the menace. Disclosing this at the weekend, the Commissioner for Environment and

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