World Bank President, David Malpass Resigns
World Bank president, David Malpass on Wednesday announced that he would step down from his position by the end of June. “After a good deal of thought, I’ve decided to…
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. In its newly released “Net-Zero Industry Tracker…
Number of Poor Nigerians to Hit 101m Over Subsidy Removal
The number of poor Nigerians is set hit one hundred and one million due to fuel subsidy removal. This was disclosed by World Bank on Tuesday in Abuja when it…
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 the Rural Access Agricultural Marketing Project-Scale Up…