World Bank agrees to loan for Lagos ports’ repairs
The Work Bank is set to offer the Nigerian Ports Authority (NPA) a loan to rehabilitate the failed sections of the Tin Can Island port
Tag : World Bank
World Bank: Nigeria, others got $49b remittances in one year
The World Bank said remittance inflows to Nigeria and other Sub-Saharan Africa countries soared 14.1 per cent to $49 billion in 2021 following an 8.1
Nigeria’s oil production falls over poor maintenance, says World Bank
The World Bank has said that Nigeria’s oil production declined in 2021 due to a lack of maintenance and the loss of infrastructure efficiency. It
BPP collaborating with World Bank to achieve public procurement standard — Official
The Bureau of Public Procurement (BPP), says it is working to achieve the World Bank funded Sustainable Procurement Environmental and Social Standards Enhancement Project (SPESSE).
Again, world bank raises red flag over Nigeria’s oil subsidy payment
For the umpteenth time, the World Bank has warned that the high cost of subsidies, due to the spike in oil prices may deteriorate Nigeria’s
Debt servicing: Nigeria paid $598.59m to World Bank, China in 2021 – Report
Nigeria spent $598.59million on servicing the debts owed to the World Bank and the Exim Bank of China in 2021, according to an analysis of
Fuel subsidy puts Nigerian economy at high risk –World Bank
The World Bank says increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could significantly impact public finance and pose
World Bank increases mineral survey aircrafts
The Mineral Sector Support for Economic Diversification (MinDiver) of the World Bank has increased the fleet of aircrafts conducting Airborne Geophysical Survey in the South
Nigeria among countries with high infant mortality – World Bank
The World Bank has disclosed that Nigeria is among the countries with highest rates of infant mortality and child marriage in the world. This disclosure
Poor Nigerians to hit 95.1m in 2022, says
The World Bank has said that poverty reduction stagnated since 2015, with more Nigerians falling below the poverty line over the years. The President, Major
