Search Result for: world bank
Nigerian Government Pushes “IMF-Debt-Free” Media Narrative As Nigeria Becomes Africa’s Largest World Bank Debtor
A Nigerian social media influencer has resurfaced a four-month-old news report from Arise News, subtly suggesting that under President Bola Tinubu’s regime, the...
Niger: World Bank Approves $400m to Rehabilitate Key Road Network Linking Maradi and Zinde
The World Bank has approved $400 million to support a major road infrastructure project in southern Niger, aimed at boosting economic connectivity, climate...
Gabon Repays $29.8 Million Debt to World Bank
The government announced that Gabon has fully repaid its debt to the World Bank, amounting to 17.9 billion FCFA ($29.8 million). According to...
World Bank Uncovers $32 Million of Missing Funds from Nigerian Water Project
The World Bank has disclosed that $32 million is unaccounted for in the Nigerian water infrastructure project, raising serious concerns about financial mismanagement...
Naira Listed Among Worst Performing Currencies in Africa – World Bank
The naira has been listed as one of the worst-performing currencies in Sub-Saharan Africa for 2024. This is according to the World Bank’s...
Nigeria Acquires Additional N2.6trn World Bank Loan
Nigeria’s federal government has acquired an additional ₦2.6 trillion ($1.57bn) loan from the World Bank Group. World Bank disclosed this in a statement...
World Bank Distributes 480 Tricycles To Young Farmers In Liberia: Another Short-term Fix To Liberia’s Persistent Agricultural Challenges
The World Bank, through its partnership with the Liberian Ministry of Agriculture, has launched the distribution of 480 tricycles to young farmers (18-35...
Nigeria Becomes Third-Largest Debtor to World Bank’s IDA, Overtakes India
Nigeria has ranked third among the World Bank’s International Development Association (IDA) debtors. The country’s debt increased by $2.2 billion, from $14.3 billion...
Liberian Government Denies Defaulting On Payments After World Bank Suspends Funding
The Liberian government has denied defaulting on payments after the World Bank suspended the country’s access to funding. The World Bank told FrontPage...
HURIWA Slams Tinubu For Subjecting Nigeria’s Sovereignty To IMF, World Bank
The Human Rights Writers Association of Nigeria (HURIWA) has condemned President Bola Tinubu over the recent economic policies, stating he has surrendered Nigeria’s...
Tinubu’s Govt Seeks Another $50 Million World Bank Loan for Solar Projects, Prepaid Meters, Others
The Federal Government of Nigeria is seeking a $50 million loan from the World Bank for its project, which is meant to set...
World Bank Grants $208 Million for Zambia Drought Relief
The World Bank has approved a $208 million grant to help Zambia cope with the severe social and economic effects of the ongoing...