Search Result for: world bank
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...
Nigeria’s FG Debt To World Bank Soars By $4.95bn In 12 Months, Total Debt Reaches N101tn
Nigeria’s public debt has surged by $4.95 billion in loans from the World Bank over the past 12 months, escalating the nation’s total...
World Bank Approves ₦3trn Loan For Nigeria’s ‘Economic Reforms’
The World Bank has approved a $2.25 billion (₦3.36 trillion) loan for Nigeria to support its economic reforms and enhance support for the...
African Leaders Call For Record World Bank Support for Climate Action
In a significant move, African leaders have called on developed nations to commit to a record $120 billion in funding for the World...