30 results
- 17 Nov 2008
World Bank Assists Developing Countries with $100b
The World Bank has advocated for a rapid response to the spreading global financial crisis, promising that it would substantially increase financial support for developing countries to $100 billion…
- 9 Nov 2025
FG Seeks Fresh $500m World Bank Loan for MSMEs
Federal government is seeking a fresh $500m loan from the World Bank to expand access to finance for micro, small, and medium enterprises (MSMEs) across the country. The proposed facility, titled…
- 21 Jan 2015
World Bank Group to Help Develop Innovative Index-Insurance Solutions Globally
The Global Index Insurance Facility (GIIF), an innovative program managed by the World Bank Group, has launched indexinsuranceforum.org, an online knowledge platform for index-insurance practitioners…
- 1 May 2026
FG Owes World Bank $2.08Bn in 2025 – Report
Nigeria’s debt to World Bank's International Development Association (IDA) rose by $2.08 billion in one year to $19.89 billion as of December 31, 2025, according to an analysis of external debt stock…
- 9 May 2013
Nigeria Owes The World Bank, AfDB $5.3Bn
Nigeria is owing the World Bank Group and African Development Bank (AfDB) has reached $5.34billion, accounting for 80.19 per cent of the country’s total $6.67 billion external debt. The country’s…
- 6 Feb 2025
FG Seeks Fresh $580m Loan from World Bank
Federal government of Nigeria is seeking two fresh loans totaling $580m from the World Bank in March 2025. The loans are for: Accelerating Nutrition Results in Nigeria 2.0; and HOPE for Quality Basic…
- News19 Aug 2026
FG Gets New $1.25Bn World Bank Loan Boost Job Creation
Federal Executive Council (FEC) has approved a $1.25 billion financing facility from the International Development Association (IDA) and the International Bank for Reconstruction and Development (IBRD) to support Nigeria’s actions for investment and job acceleration development policy financing.
- 18 Dec 2025
World Bank to Approve $500m Loan for Nigeria Today
The World Bank is set to approve a $500m loan to Nigeria on Friday (today) as part of efforts to expand access to finance for micro, small and medium enterprises across the country, according to…
- 25 May 2026
Nigeria is World Bank’s Third-Largest Borrower with $18.5Bn - IDA
Nigeria has retained its position as the third-largest borrower from the International Development Association (IDA), the concessional lending arm of the World Bank, despite a slight decline in its…
- 4 Jun 2013
The World Bank Doles $60m to Support Telecom in Togo, Mauritania
Board of executive directors of the World Bank has approved $30 million each in International Development Association (IDA) credits to support the governments of Mauritania and Togo’s efforts…
- 26 Feb 2014
CBN, IFC to Host 2014 International Sustainable Banking Forum in Lagos
The Central Bank of Nigeria and IFC, a member of the World Bank Group, will host the second International Sustainable Banking Forum on March 3-4, 2014, in Lagos, Nigeria. The Forum will serve as a…
- 5 Sept 2025
FG Seeks Fresh $1.75Bn World Bank Loan
The World Bank is reportedly set to approve loans totalling $1.75bn before the end of the year to the Federal Government for key development projects in Nigeria. This was coming despite an earlier…
- 19 Feb 2020
FG’s National Identity Project, Others Get World Bank Nod
The World Bank has approved Nigeria’s digital identity ecosystem project along with five others, aimed at assisting the country to empower citizens, especially marginalised groups, to access…
- 3 Jan 2025
World Bank Okays $1.5Bn Loan to Nigeria in Support of Tax Bills
World Bank has just released $1.5 billion loan to Nigeria, less than six months after approval. This is in support for the Reforms for Economic Stabilisation to Enable Transformation (RESET)…
- 6 May 2013
World Bank Unveils Strategy in New Nigerian Portfolio
The World Bank’s new Country Partnership Strategy would focus on three pillars - sustainability and inclusive growth, human development and governance, to achieve results. Marie-Francoise…
- 13 Jun 2021
World Bank Provides $465M for Energy Expansion in West Africa
The World Bank Group is extending $465 million to support the Economic Community of West African States (ECOWAS) expand access to grid electricity to over 1 million people. The fund will help the…
- 10 Feb 2022
IFC, World Bank to Help Nigeria Pave the Way for Domestic Carbon Storage
The International Finance Corporation (IFC) and the World Bank have begun to work with the Government of Nigeria to develop a domestic market for carbon capture, utilization, and storage for…
- 11 Jan 2026
FG Plans to Invest $460m World Bank Loan in Fibre Infrastructure
Federal Government plans to channel $460m World bank loan, representing about 92 per cent of a $500m, into the proposed fibre infrastructure company set up to deploy 90,000 kilometres of…
- 3 Nov 2025
World Bank Fixes December to Approve Nigeria’s $1Bn DPF Loan
The World Bank has fixed December 16 as the tentative date for the approval of Nigeria’s $1 billion Development Policy Financing (DPF) under the Nigeria Actions for Investment and Jobs Acceleration…
- 8 Jun 2013
DPSS, OMNL Develop World Class Procurement Curriculum
DPSS Consultants, UK and OMNL (Office Machines Nigeria Ltd) have kicked off curriculum development and qualifications structure for institutions in Nigeria under the World Bank economic reform and…
- 12 Aug 2025
World Bank Approves $300m Loan to Support IDPs in Northern Nigeria
World Bank has said that it has given approval of $300 million to fund a new project aimed at bolstering access to services and economic opportunities for internally displaced persons (IDPs) and…
- 24 Jul 2015
World Bank Commends NDIC for Robust Target Funding
The World Bank has commended Nigeria Deposit Insurance Corporation (NDIC) for its robust Target Fund Ratio Framework which enables the Corporation to meet its obligation to depositors. Headed by Mr…
- 16 Feb 2025
FG Seeks Fresh $300m Loan from World Bank for Health Security
Federal government has engaged the World Bank for a fresh $300m loan to strengthen Nigeria’s health security infrastructure. Information obtained from the World Bank showed that the loan, which is…
- 20 Apr 2010
World Bank’s Projects Hit $4.2 Billion
The portfolio of the World Bank in various projects in Nigeria has reached $4.2 billion. Robert Zoellick, the World Bank President made this known at a meeting of the bank’s senior officials…
- 19 Mar 2026
World Bank Debars 3 PwC Subsidiaries for 21 Months over Alleged Project Fraud
World Bank Group has debarred three African subsidiaries of global advisory firm, PricewaterhouseCoopers (PwC), for 21 months after being allegedly found guilty of manipulating procurement processes…
- 30 Sept 2024
World Bank Approves Fresh $1.57bn Support Fund for Nigeria
World Bank has approved three operations for a total of $1.57bn to support Nigeria in strengthening human capital through better health for women, children, and adolescents and preventing the effects…
- 7 May 2024
Nigeria May Re-introduce Telecom Tax to Obtain new $750m World Bank Loan
Nigeria may reinstate a previously suspended telecom tax and other fiscal measures as it seeks to secure a new $750 million loan from the World Bank, as per Nairametrics report. This is according to…
- 23 Oct 2023
FG Seeks Fresh $3.45Bn World Bank Loan for 5 Projects
President Bola Tinubu’s government has approved the application for a $3.45 billion loan to finance five items. This decision was reached during the Federal Executive Council (FEC) meeting on Monday,…
- 10 Jun 2025
FG May Forfeits $4m from World Bank Loan over Audit Flop
Federal government may lose $4 million from a World Bank loan after failing to get a pass mark on key audit standards in its revenue-generating agencies, such as the Federal Inland Revenue Service…
- 26 Sept 2019
AFFC Lauds Heritage Bank on Youth, Entertainment Development
African Freestyle Football (AFFC) Championship 2019 in collaboration with World Freestyle Football Association (WFFA) have commended Heritage Bank Plc for its pivotal role in enhancing youth…