On October 14, 2024, during the 30th Nigerian Economic Summit in Abuja, Indermit Gill, Senior Vice President and Chief Economist of the World Bank, declared that…
Browsing: World Bank Group
The World Bank has shown interest in working with Nigeria’s Ministry of Marine and Blue Economy to improve the country’s maritime sector. The World Bank’s team,…
Nigeria will receive a total of $1.57 billion from the World Bank to enhance human capital by improving health services for women, children, and adolescents. The…
The World Bank approved a $1.5 billion financial package for Ethiopia’s economic reform programme after officials relaxed restrictions on the local currency, the Birr. Ethiopia’s departure…
Nigeria’s Minister of Power, Adebayo Adelabu says the World Bank and the African Development Bank have finalised a $30billion electric power investment in Africa. Adelabu said…
The World Bank reports that Nigeria received $19.5 billion in diaspora remittances in 2023. The report highlights the substantial economic contributions from Nigerians abroad while acknowledging…
The World Bank approved $2.25 billion loan on Thursday for Nigeria to maintain its reform momentum, increase non-oil revenue, and support poor citizens. The Bank announced…
At least 10 vulnerable communities in Doma and Toto local government areas of Nasarawa State received $250,000 through the World Bank Agro Climatic Resilience in Semi-Arid…
The World Bank’s International Development Association (IDA21) summit is holding in Nairobi, the capital of Kenya, with several African leaders in attendance. Among presidents attending the…
Japan’s economy slipped into a recession at the end of last year, losing its title as the world’s third-biggest economy to Germany. The nation’s economic indices…