Tag: World Bank
FG approves $3.45bn W’Bank loan application for power, others
The Federal Executive Council has on Monday okayed the application for a $3.45bn loan to finance five items.
They include projects in the power sector,...
Niger crisis to pressurize Nigeria food market — W’Bank
The World Bank has said the coup d’état in Niger may put additional pressure on Nigeria and other West African nations’ food markets.
According to...
World Bank stops new loans to Uganda over anti-LGBTQ law
The World Bank has announced it will stop new loans to Uganda over the country’s controversial anti-LGBTQ law.
On Tuesday, the Washington, DC-based lender said...
FG gets fresh $500m loan from World Bank
The World Bank Group has okayed a loan of $500m to help Nigeria drive women’s empowerment
According to reports,this is the second loan approved by...
FG gets $750m World Bank loan for power projects
The World Bank Group has okayed a loan of $750m to boost Nigeria’s power sector.
According to reports, the loan with project ID P174622 was...
Nigeria ranks among countries with highest pollution, poverty – W’Bank
In a new World Bank report, Nigeria, India, and the Democratic Republic of Congo have been ranked top on the list of countries with...
Nigeria’s World Bank borrowing stands at $14.34bn in Q1 – Report
Reports have indicated that Nigeria’s borrowing from the World Bank has reached $14.34bn as of March 31, 2023.
This indicated an increase from the $13.93bn...
Diaspora Nigerians paid in $168bn in eight years – World Bank...
According to World Bank reports, the Nigerian Diaspora community has paid $168.33bn to the country in the past eight years.
This is as foreign investments...
IMF, World Bank discuss debt sustainability, restructuring challenges
The Global Sovereign Debt Roundtable (GSDR), on Wednesday discussed debt sustainability and debt restructuring challenges and ways to address them.
This is contained in a...
FG to repay $800m World Bank loan for 25 years
The next administration after the regime of the President Muhammadu Buhari , will begin the repayment of the $800m loan approved by the World...
Sustainable Agriculture as a Pillar of Climate Adaptation in Africa –...
Evelyn Dan Epelle, San Jose, California
ADIS24 - Africa stands at the forefront of climate change impacts, despite its low contribution to greenhouse gas emissions....
