World Bank approves $486m credit for power grid work

The World Bank has approved a $486 million credit facility to Nigeria for electricity grid improvements,…

World Bank says IDA support for Nigeria, others exceeds $14bn

By Omotilewa Quadri  The World Bank Nigeria Country Director, Rachid Benmessaoud, says that the World Bank…

World Bank says IDA support for Nigeria, others exceeds $14 billion

The World Bank Nigeria Country Director, Rachid Benmessaoud, says that the World Bank Group’s support to…

World Bank to stop financing oil, gas projects from 2019

The World Bank will stop financing oil and gas exploration and extraction from 2019, it announced…

World Bank cuts Kenya’s 2017 economic growth estimate to 4.9 percent

The World Bank has cut its 2017 growth estimate for Kenya’s economy to 4.9 percent, which…

World Bank cuts Tanzania’s 2017 growth forecast to 6.6 pct

The World Bank has cut Tanzania’s economic growth forecast for this year to 6.6 percent from…

World Bank alerts Nigerians about fraudulent cooperative scheme

The World Bank on Monday alerted Nigerians about a fraudulent ‘cooperative’ scheme being promoted in its…

Nigeria improves to 145th position in World Bank’s “Doing Business” report

    Vice President Yemi Osinbajo has said that he is delighted  at the World Bank’s latest “Doing…

Osinbaju delighted at Nigeria’s 145th position in World Bank’s “Doing Business” report

Vice-President Yemi Osinbajo says he is  delighted  at the World Bank’s latest “Doing Business” report that saw Nigeria…

World Bank: Sub-Saharan Africa to experience slower growth rate this year

The World Bank on Wednesday said sub-Saharan Africa is growing more slowly this year than previously…

Nigeria plans Eurobonds, still in talks with World Bank- DMO

Nigeria will issue at least a $2.5 billion Eurobond this year and is still in talks…

AfDB, World Bank earmarks $800m for African farmers — Adesina

The President of African Development Bank (AfDB), Dr Akinwumi Adesina, says the bank and World Bank have…