world bank
Nigeria, World Bank Collaborate on Capital Market Funding for Infrastructure
FG has begun discussions with the World Bank to explore funding options for infrastructure development through Public Private Partnership (PPP). The Infrastructure Concession...
Olaitan Sodiq
World Bank Debars Two Nigerian Firms, CEO Over Corruption
The World Bank Group has debarred two Nigerian companies. The debarment is due to fraudulent, collusive. The companies and Didam misrepresented conflicts of...
Olaitan Sodiq
Nigeria Receives World Bank $1.5bn Loan for Subsidy Removal, Tax Reforms
The Washington-based World Bank has granted Nigeria a $1.5 billion foreign loan. The loan was granted as part of the federal government’s effort...
Olaitan Sodiq
World Bank Reveals Inefficiencies Cost Nigeria, Others Billion Dollars
A report by the World Bank has exposed the significant losses Nigeria and other developing nations incur due to inefficiencies in public spending....
Olaitan Sodiq
World Bank Approves $1.65bn Loans to Nigeria for Critical Development Projects in 2025
The World Bank has approved a significant loan package totaling $1.65bn (approximately N2.47 trillion) to Nigeria, with disbursement expected to take place in...
Olaitan Sodiq
World Bank Approves $500m for Nigeria’s Rural Roads
The World Bank has approved a $500 million concessional loan to tackle Nigeria’s worsening rural road infrastructure. The funding will be directed towards...
Olaitan Sodiq
World Bank Calls for $30 Trillion Investment to Achieve 2050 Emissions Targets
The World Bank has issued a strong call for an additional $30 trillion in investments to meet global net-zero emissions targets by 2050....
Olaitan Sodiq
Nigeria Set to Receive $500m World Bank Loan for Rural Development
The Federal Government is negotiating a $500 million loan with the World Bank to boost rural access and agricultural marketing across Nigeria, sources...
Olaitan Sodiq
Dependence on Oil Exports Major Cause of Nigeria’s Frail Growth Prospects – World Bank
The World Bank has said Nigeria’s dependence on oil exports is the major cause of the frail growth prospects of the country. The...
Daily Report Nigeria
