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Tag "World Bank"

World Bank, AU collaborate to deploy COVID vaccines for 400m Africans

    World Bank, AU collaborate to deploy COVID vaccines for 400m Africans

The World Bank and the African Union‘s COVID-19 Africa Vaccine Acquisition Task Team (AVATT) say they will work together to deploy vaccines for 400 million Africans. The development came after

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World Bank raises Nigeria’s growth forecast to 1.8%

    World Bank raises Nigeria’s growth forecast to 1.8%

The World Bank says Nigeria’s economy is expected to expand at a moderate rate of 1.8 percent this year and edging up to 2.1 percent in 2022. The bank stated

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World Bank: Nigeria has world’s largest electricity access deficit

    World Bank: Nigeria has world’s largest electricity access deficit

The World Bank has ranked Nigeria as the world’s worst country in terms of people without electricity access. In 2019, Nigeria accounted for 90 million unelectrified people, followed by the

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COVID: 20,000 Oyo farmers to get World Bank intervention

    COVID: 20,000 Oyo farmers to get World Bank intervention

Thousands of farmers affected by the COVID-19 pandemic in Oyo will receive the state government’s intervention sponsored by the World Bank. The $750 million World Bank-funded project allows state governments

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World Bank approves $700m loan for water, sanitation services in Nigeria

  World Bank approves $700m loan for water, sanitation services in Nigeria

The World Bank has approved $700 million credit facility that will provide six million people with basic drinking water services

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IFC: We’ll invest $2bn in African small businesses

  IFC: We’ll invest $2bn in African small businesses

The International Finance Corporation (IFC), a member of the World Bank Group, says it will invest $2 billion in African

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World Bank mulls $150bn development fund for Africa

  World Bank mulls $150bn development fund for Africa

The World Bank says it will invest $150 billion over a period of five years to boost development in Africa.

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World Bank: Foreign sponsors driving key projects in Nigeria

  World Bank: Foreign sponsors driving key projects in Nigeria

The World Bank says projects with foreign sponsors, especially from China, have played an important role in developing sizable infrastructure

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World Bank: Nigeria responsible for over 40% diaspora remittances in Sub Saharan Africa

  World Bank: Nigeria responsible for over 40% diaspora remittances in Sub Saharan Africa

The World Bank says Nigeria is responsible for over 40 percent of diaspora remittances in Sub Saharan Africa (SSA). In

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‘It’s false’ — NBS refutes claim World Bank questioned Nigeria’s employment data

  ‘It’s false’ — NBS refutes claim World Bank questioned Nigeria’s employment data

The National Bureau of Statistics (NBS) has denied a claim by Chris Ngige, minister of labour and employment, that the World

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