World Bank

Kano State Government has reiterated its commitment to address environmental challenges facing the state through a collaboration of a World Bank and federal government initiative, Agro-climatic Resilience in Semi-Arid Landscape (ACReSAL). …
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Reforms undertaken by Nigeria’s government are “essential” but have piled pressure on its people, more than half of whom live in poverty, the World Bank has said. Since coming to power in May 2023, President Bola Ahmed Tinubu has…
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The Katsina State Government has clarified that the N15.4 billion the state received was a reimbursement from the World Bank through the Federal Ministry of Budget and Economic Planning for the COVID-19 project (NG-CARES). The…
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Ndiamé Diop, World Bank's new Country Director for Nigeria has assumed duties today, succeeding Shubham Chaudhuri who completed his term in the same capacity a few months ago. In his new position Diop, a Senegalese, will lead the World…
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By Quadri Adejumo The Nigerian Government has submitted a request to extend the period of its $800 million World Bank palliative scheme by 18 months, with the new closing date being December 31, 2025. The extension aims to realign…
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Under the administration of President Bola Tinubu, Nigeria has secured a total of $4.95 billion in loans from the World Bank. This comes amid concerns over the country’s rising external debt servicing costs.  According to Nairametrics,…
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In a bid to improve trade facilitation and ensure a harmonised, standardised, and simplified trading processes in Nigeria, the Federal Ministry of Industry, Trade and Investment in collaboration with World Bank Nigeria Team paid a work-in…
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Kano State Governor, Abba Yusuf, on Monday, received the World Bank Country Director in Nigeria, Shubham Chaudhuri, and his team at the Government House, Kano. Yusuf made this known on his X handle, on Tuesday. The governor lauded…
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The Nigeria Labour Congress (NLC) has labelled the World Bank an enemy of the country after the financial institution asked the Federal Government to stop the subsidy payment on petrol and raise the cost of the product to N750/litre. …
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The Federal Government has disbursed N135.4 billion to states and the Federal Capital Territory (FCT) following the second Independent Assessment of Results obtained under the Nigeria COVID-19 Action Recovery and Economic Stimulus. The…
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