World Bank
1 day 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.
1 day 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.
2 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…
2 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.
3 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.
6 Apr
Financial literacy is the gateway to financial freedom and security. Yet, studies show that a significant portion of Nigerians lack basic financial