World Bank
2 days ago
As about four billion people in more than 60 countries go to the polls this year, the International Trade Union Confederation (ITUC) has urged the World Bank to support the growth of democracy worldwide.
2 days ago
UBA America, a subsidiary of the pan-African financial giant United Bank for Africa (UBA) Plc, has reinforced commercial diplomacy among countries, institutions and individuals while fostering robust international collaborations.
3 days ago
Nigeria said it will partner with leading International Money Transfer Operators (IMTOs), to double remittance flows into the country. The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, made this disclosure in a statement on Monday. Cardoso said this during a press conference that was held at the International Monetary Fund (IMF) and…
3 days ago
The World Bank Group has prequalified Nigeria for a $2.25 billion loan at a one per cent rate, a 40-year term with a 10-year moratorium.
4 days ago
The Nigerian government is on the verge of receiving a fresh $2.2 billion single-digit interest loan from the World bank. Minister of Finance and Coordinating Minister for the Economy, Olawale Edun, disclosed this at a press briefing in Washington DC, United States on Saturday. Edun also said at the end of Nigeria’s activities at the…
19 Apr
Rising inflation and weak earnings have pushed 10 million Nigerians into poverty in 2023, the World Bank in its Macro Poverty Outlook for Nigeria: April 2024 has stated.
19 Apr
The World Bank Group and the African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.
10 Apr
As a result of insecurity, higher transportation costs, poor topography and bad roads, the cost of trade in Nigeria is four to five times higher than what is obtained in the United States, the World Bank has revealed.
9 Apr
The various economic reforms being implemented by the federal government are yielding results and will boost economic growth by 3.3 per cent in the current year, the World Bank has said.
7 Apr
According to Wikipedia, tertiary education, also referred to as third-level, third-stage or post-secondary education, is the educational level following the completion of secondary education.
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A yet-to-be-identified elderly passenger has passed away in a commercial bus while travelling along the Ogbomoso-Ilorin expressway in Kwara State. Eyewitnesses said the deceased was believed to be in his late 60s. The incident, which left fellow passengers in shock, reportedly occurred after the bus experienced mechanical problems near Ote town. According to Abeni Okin,…
4 mins ago
A Nigeria woman, Clara Chizoba Kronborg, has broken the Guinness World Record (GWR) for the longest interviewing marathon. Kronborg who is a social media entrepreneur broke the world record with a time of 55 hours and 24 seconds, according to GWR. Kronborg in setting a new record smashed the previous one which was 37 hours…
12 mins ago
Gunmen suspected to be terrorists have killed two people, including the chairman of the All Progressive Congress (APC) for Mai Dabino community in Danmusa Local Government Area of Katsina State, Saidu Basa. The incident occurred on Wednesday afternoon at about 3:30 pm, along the road leading from Mai Dabino to Danmusa. It was learnt that…
21 mins ago
A former Director-General of the Bureau of Public Service Reforms, Dr. Joe Abah, has narrated how an air crash was averted in Lagos on Friday. Abah, who made this disclosure in a post on his X handle, said he boarded a 7:00 am Ibom Air flight in Lagos, heading to Abuja. The flight also had…
22 mins ago
US-led coalition forces shot down four drones and an anti-ship missile launched by Yemen's Huthi rebels, American authorities said Thursday, as the Iran-backed group announced strikes against US and Israeli ships.
40 mins ago
A fire incident disrupted flights at the Murtala Muhammed International Airport (MMIA), Lagos, on Thursday morning. The Federal Airports Authority of Nigeria (FAAN), in a statement on Thursday, said smoke was detected emanating from the E54 bridge at 05:29 hrs. FAAN's director of public affairs and consumer protection, Obiageli Orah, said the airport engineers immediately…
46 mins ago
The death toll from a migrant boat disaster off Djibouti this week has risen to 24, the UN's migration agency said, highlighting a sharp increase in the number of people returning from Yemen to the Horn of Africa nation this year.
1 hour ago
US far-right conspiracy website Gateway Pundit is filing for bankruptcy, its founder said Wednesday, as it battles a string of lawsuits alleging it promoted misinformation related to the 2020 election.
2 hours ago
Honduras is experiencing a femicide "emergency," a United Nations official warned Wednesday, with at least 66 women murdered so far this year according to activists.
2 hours ago
The widespread use of alcohol and e-cigarettes among adolescents is "alarming", according to a report released on Thursday by the World Health Organization's (WHO) European branch, which recommended measures to limit access.