Tags World bank

Tag: world bank

World Bank ranks Lagos ports poorly amid collapse, cargo diversion

The World Bank has ranked Lagos ports as 358th out of 370 ports assessed globally, according to the latest Container Port Performance Index...

N12.95m Bribe: World Bank Suspends Nigerian Firm, MD

The World Bank has sanctioned a Nigerian consultancy company, AIM Consultants Limited, and its Managing Director, Amin Moussalli, for alleged bribery and...

World Bank blames FG as high inflation worsens poverty

The World Bank has said the Federal Government of Nigeria did not take any concerted action towards curbing inflation in 2021 despite...

FG Requests $600m W/Bank Loan To Fight Erosion

The Federal Government on Wednesday announced plans to tackle land degradation in the 19 northern states and the Federal Capital Territory with...

World Bank, AfDB Approved $2.83bn For Nigeria in 2021

The World Bank and the African Development Bank approved a total sum of $2.83bn to Nigeria in 2021, It has been learnt.

World Bank announces $93bn package for Nigeria, 73 others

The World Bank announced on Wednesday a $93bn replenishment package of the International Development Association to help 74 low-income countries respond to the COVID-19...

IMF Tells FG To Remove Fuel, Electricity Subsidies Next Year

The International Monetary Fund said on Friday that the Nigerian government should remove fuel and electricity subsidies completely early next year and...

W/Bank Projects $17.6bn Diaspora Remittance To Nigeria

The World Bank has projected $17.6 billion Diaspora remittances into Nigeria in 2021, representing 2.5 per cent increase from $17.2 billion recorded...

Federal Govt Okays N27.4bn For Works, FCT Ministries

The federal government has approved contracts worth a total sum of N27.4billion for projects in the Works and Housing, and the Federal...

Economic Activities In Northeast Down By 50% – World Bank

The World Bank yesterday revealed how Boko Haram/ISWAP terrorists’ activities caused a sharp decline in the economic activities in the states of...

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