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World Bank earmarks $30bn to address global food crisis

    World Bank earmarks $30bn to address global food crisis

The World Bank says it will make $30 billion available for implementation to address food insecurity over the next 15 months. The bank disclosed this in a statement issued on

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World Bank: Nigeria among top 10 countries responsible for 75% of gas flaring worldwide

    World Bank: Nigeria among top 10 countries responsible for 75% of gas flaring worldwide

The World Bank says Nigeria ranked seventh on the list of top 10 countries worldwide involved in gas flaring in 2021. The bank disclosed this in its latest report titled

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World Bank to policymakers: Focus on targeted safety-net programmes not food or fuel subsidies 

    World Bank to policymakers: Focus on targeted safety-net programmes not food or fuel subsidies 

World Bank has advised policymakers to focus on targeted safety-net programmes rather than food or fuel subsidies.  The Washington based institution disclosed this in its latest Commodity Markets Outlook report

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World Bank to Nigeria: Rethink petrol subsidy, it mostly favours the rich

    World Bank to Nigeria: Rethink petrol subsidy, it mostly favours the rich

World Bank has advised Nigeria to rethink its steps in the provision of N4 trillion for petrol subsidy payments in the 2022 budget. David Malpass, president, World Bank Group, said

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World Bank: 60% of low-income countries in debt distress

  World Bank: 60% of low-income countries in debt distress

David Malpass, World Bank Group president, says 60 per cent of low-income countries are in debt distress or at high

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World Bank: Rising petrol subsidy could pose debt sustainability concerns for Nigeria 

  World Bank: Rising petrol subsidy could pose debt sustainability concerns for Nigeria 

The World Bank says Nigeria’s increasing fuel subsidy could pose debt sustainability concerns for the country.  The bank disclosed this

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Russia-Ukraine war: World Bank, IMF call for urgent action on food security

  Russia-Ukraine war: World Bank, IMF call for urgent action on food security

The World Bank Group, International Monetary Fund (IMF), and World Trade Organisation (WTO) have called for urgent action on food security,

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World Bank: Russian invasion to shrink Ukraine’s economy by 45% in 2022

  World Bank: Russian invasion to shrink Ukraine’s economy by 45% in 2022

The World Bank says Ukraine’s economy will shrink by 45.1 per cent this year as a result of the Russian

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World Bank suspends Nigerian firm, MD for five years over ‘corrupt practices’

  World Bank suspends Nigerian firm, MD for five years over ‘corrupt practices’

World Bank Group says it has suspended SoftTech IT Solutions and Services Ltd. (SoftTech), an information technology solutions company based

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Climate Watch: World Bank report reveals weather shocks could push Nigerians deeper into poverty

  Climate Watch: World Bank report reveals weather shocks could push Nigerians deeper into poverty

Despite directly impacting our communities, health and livelihood, climate-related reports usually take a back seat to dominant news beats like

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