30 results
- 21 Nov 2016
World Bank Appoints Okoro VP/General Counsel
World Bank has appointed that Sandie Okoro, her group senior vice-president and general counsel. Jim Yong Kim, World Bank Group President said that “Sandie Okoro is a highly regarded thought…
- 28 Jul 2026
Malpass, Ex World Bank Chief Raises Alarm over Nigeria’s Secretive Debt Structures
David Malpass, former World Bank President, has warned that Nigeria’s increasing reliance on collateral-backed and complex borrowing arrangements could make any future debt restructuring more…
- 17 Jan 2013
Tackle Electricity Supply, World Bank VP Tells Jonathan
Mouktar Diop, vice president, World Bank on a visit to Nigeria has advised the federal government to tackle the problem of inadequate electricity supply if the country is to experience the level of…
- 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…
- 26 Feb 2018
World Bank, GSMA Partner to Leverage IOT Big Data for Development
Jim Yong Kim, President, World Bank Group announced yesterday that the institution would partner with the GSMA and mobile network operators around the globe to harness big data from the Internet of…
- 24 Oct 2024
World Bank Plans Internet Access for 300m Women by 2030
Ajay Banga, the World Bank President, has unveiled plans to connect 300 million women to internet access by 2030. This initiative is part of the World Bank’s broader strategy to tackle gender…
- 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…
- 14 May 2023
SERAP tells World Bank to Suspend $800m loan to FG
Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank President, Mr David Malpass, to suspend any disbursement of $800m loan to the Federal Government of Nigeria and ask…
- 20 May 2016
Govs Run to World Bank for $3.3Bn Loan
Governors of the 36 states in search of further succour for the ailing financial situation in the states are ready to access about $3.3billion from the World Bank. The world bank portfolio for the…
- 3 Jul 2026
World Bank Okays New $1.25Bn Loan for Nigeria
The World Bank has approved a fresh $1.25 billion loan for Nigeria under its Nigeria Actions for Investment and Jobs Acceleration (NAIJA) programme. The approval was announced this week as the World…
- 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…
- 19 Apr 2022
World Bank Suggests Steps for Nigeria, Others to Avoid Debt Distress
David Malpass, president, World Bank has highlighted steps for low-income countries experiencing high debt and deficit levels to avoid debt distress and turn their deficits to surplus. High debt and…
- 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…
- 26 Nov 2023
SERAP Asks World Bank to Suspend Loan Nigeria’s 36 States
Socio-Economic Rights and Accountability Project (SERAP) has urged the World Bank to suspend loans to Nigeria’s 36 states until previous ones are accounted for. This is due to recurring…
- 15 Dec 2023
NLC Calls World Bank Enemy of Nigeria for Proposing ₦750/litre for Petrol
Nigeria Labour Congress (NLC) has labelled the World Bank an enemy of the Nigerian nation following the financial institution's proposal to the Federal Government that Premium Motor Spirit (PMS),…
- 4 May 2010
Aganga Emerges World Bank Chairman
Olusegun Aganga, minister of Finance has emerged the new Chairman of the Board of World Bank and International Monetary Fund (BWIs), in Washington D.C. after a keenly contested election. This was…
- 1 Feb 2016
FG Asks World Bank, AfDB for $3.5Bn Emergency Loan
The federal government has asked the World Bank and African Development Bank (AfDB) for $3.5 billion in emergency loans to fill a growing gap in its budget in the latest sign of the economic damage…
- 10 Apr 2026
Nigeria’s Growth under Threat as Poverty Deepens, World Bank Warns
World Bank has warned that Nigeria faces a deepening early childhood development crisis in health, nutrition, and learning, threatening long-term productivity and economic growth amid persistent…
- 30 Mar 2025
Nigeria Gets Fresh $500m World Bank Loan for Economic Stimulus Programme
The World Bank has approved a $500 million loan to Nigeria to support the country’s Community Action for Resilience and Economic Stimulus Programme. According to information obtained from the bank’s…
- 14 Apr 2015
The World Bank Urges Buhari to Probe NNPC, Others
The World Bank has thrown its weight behind Muhammadu Buhari, president-elect, to probe the Nigerian National Petroleum Corporation (NNPC) over allegations of missing funds and insisted that such…
- 7 Aug 2014
World Bank Plans $5bn Power Fund for Nigeria, Others
The World Bank Group on Wednesday announced the commitment of $5bn (N800bn) in new technical and financial support for energy projects in six African countries. The countries, which have partnered…
- 11 Aug 2024
SERAP Urges Tinubu to Probe $1,5bn World Bank Loan to States, $3bn Chinese Loan
Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu, to direct the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN) and…
- 19 Apr 2018
World Bank Chief Urges Africa to Adopt Digitilised Economies Method
Mr Jim Kim, World Bank Group President, has urged African countries to grow with the ditilised economies and the spread of advanced technologies, in order not to lose millions of jobs. Kim gave the…
- 14 Apr 2019
Africa Won’t Develop without Technology — World Bank
The digital transformation of Africa will foster economic growth and reduce poverty Mr Hafez Ghanem, World Bank vice-president for Africa, has said. Ghanem expressed the view at the weekend at…
- 27 Sept 2023
FG Ignores Concerns, Takes $1.95Bn World Bank Loans
Federal government has secured a substantial $1.95 billion loan from the World Bank within the initial four months of President Bola Tinubu’s tenure. Bola Tinubu This is coming amidst rising public…
- 15 Apr 2025
World Bank Announces $800m Support for Nigeria’s CCT Initiative
The World Bank on Tuesday disclosed plans to support Nigeria with $800 million to boost the Conditional Cash Transfer (CCT) initiative of the present administration. Mr. Ousmane Diagana, Vice…
- 12 Jul 2026
FG Secures Fresh $208.3m World Bank Loan for Cash Transfer
Federal government has secured a fresh $208.3 million financing from the World Bank to strengthen Nigeria’s cash transfer programme targeted at poor and vulnerable households as the country continues…
- 19 Apr 2014
World Bank Gives $150m to 10 Nigerian Varsities, Others
The World Bank’s Board of Executive Directors has approved $150 million to finance 19 university-based Centres of Excellence in seven countries in West and Central Africa, 10 of which are Nigerian…
- 8 Nov 2012
MasterCard @ World Bank Summit, Showcases Cashless Nigeria
MasterCard, global payments and Technology Company has presented the Central Bank of Nigeria’s (CBN) Cashless Policy as a best practice case study at the Africa investor-World Bank Group Africa CEO…
- 18 Dec 2022
Pantami Meets With Space X, World Bank, Google to Strengthen Nigeria's Digital Economy
In a bid to strengthen partnerships for the development of Nigeria's digital economy, Professor Isa Ali Ibrahim Pantami, Minister of Communications and Digital Economy of Nigeria, had meetings at…