30 results
- 15 Apr 2024
EFCC Discovers Fraudulent COVID Funds, World Bank Loan in Poverty Ministry
Economic and Financial Crimes Commission (EFCC) says it has discovered shady dealings involving COVID-19 funds, World Bank loan, as well as Abacha recovered loot at the Ministry of Poverty…
- 6 Jul 2010
Lagos, Four Others Get N23.7 Billion World Bank Intervention Fund
World Bank has granted an intervention fund of about $158 million (equivalent of N23.7 billion) to Lagos, Kano, Kaduna, Enugu and Cross Rivers states to support commercial agricultural development…
- 28 Feb 2021
World Bank Withdraws Funding for Fossil Fuel Projects
Mr. Larry Attah, managing director of the Nigerian Liquefied Natural Gas (NLNG) Limited, has disclosed that the World Bank has hinted of plans to withdraw funding for all forms of fossil fuel…
- 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…
- 13 May 2026
FG, World Bank Launch $65m SPESSE Funding for 24,000 Nigerians
Federal government, in partnership with the World Bank, has launched a fresh $65 million funding phase of the Sustainable Procurement, Environmental and Social Standards Enhancement (SPESSE) project…
- 4 Mar 2024
UK’s New Tech Entrepreneurs Funding to Boost Livelihoods in the World’s Developing Countries
New UK funding for innovative mobile phone technology will help change lives in developing countries around the world, Development Minister Andrew Mitchell has announced. Harnessing AI technology to…
- 30 Jan 2022
BoI, World Bank to Partner on $158m Fund for MSMEs
The World Bank has partnered with the Bank of Industry to provide a $158m lifeline to 650,000 Micro, Small and Medium Enterprises in Nigeria. According to the BoI Growth Platform’s Aid for…
- 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…
- 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…
- 9 Feb 2025
FG, World Bank Seek Capital Market Solutions for Infrastructure Funding
The World Bank has said that it is planning to introduce its joint capital markets programme (J-CAP) in Nigeria. The J-Cap, a World Bank initiative, helps developing economies strengthen their…
- 15 Aug 2016
Usher, Others Provide Soundtracks to New Channel On DStv & GOtv
Take a walk on the wild side of life with music icons in the new Discovery Family (DStv channel 136/ GOtv channel 50) series, HELLO WORLD! In association with the World Wildlife Fund (WWF), HELLO…
- 5 Dec 2021
World Bank Asks FG to Impose Special Tax on Alcohol, Others to Fund Healthcare
The World Bank Group has urged Nigeria’s Federal Government to impose special taxes on alcohol, cigarettes and sugar-sweetened beverages to help fund primary healthcare across the country. Mr.…
- 13 May 2024
FG to Receive $2.25Bn Fresh Loan From World Bank on June 13
Federal government will receive fresh loan funding from the World Bank, with approval expected for loans totalling $2.25billion on June 13, 2024. Recall that Wale Edun, minister of Finance, at…
- 29 Aug 2021
Coca-Cola, WWF Extend Partnership to Deliver on Water Stewardship and Climate Action Targets
Coca-Cola and the World Wildlife Fund (WWF) have renewed their global partnership for three 'years, effective August 2021. The work will span all nine of Coca-Cola’s operating units and over 50 of…
- 27 Jan 2022
#YouTube Black Voices Fund Initiative: 26 African Creators Selected to Join Global Cohort of 135 Creators
YouTube on Thursday revealed the names of African creators who have been selected to join a global cohort of 135 from around the world, in its flagship #YouTubeBlack Voices Fund initiative. The fund…
- 8 Aug 2017
iflix Secures Additional $133m Funding, Led by Hearst
Iflix, the world’s leading subscription video on demand (SVoD) service for emerging markets, has announced it has completed a $133 million funding round as it continues to deliver on its vision of…
- 21 Mar 2013
FCMB Joins the World to Observe Earth Hour
First City Monument Bank (FCMB) Plc in collaboration with World Wildlife Fund (WWF) will tomorrow, Saturday join millions of people, 4,000 cities, heritage sites, royal palaces, schools, cafes…
- 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…
- 14 Nov 2022
52 Beneficiaries Emerge in Netflix Creative Equity Scholarship Fund for West & Central Africa
The world’s streaming entertainment service, Netflix announced 52 beneficiaries of its Creative Equity Scholarship Fund (CESF), for the West and Central African region. The announcement occurred at a…
- 22 Mar 2026
Rockefeller, Global Energy Alliance Cross $100 million Mark in Africa Electrification Push
The Rockefeller Foundation and the Global Energy Alliance for People and Planet have crossed the $100 million threshold in funding for Mission 300, the World Bank and African Development Bank’s…
- 24 Mar 2013
FCMB Joins the World to Observe Earth
First City Monument Bank (FCMB) Plc in collaboration with World Wildlife Fund (WWF) on Saturday March 23, joined millions of people, 4,000 cities, heritage sites, royal palaces, schools, cafes and…
- 16 Jun 2016
HWPL Delivers Over $40,000 Relief Fund to Ecuador Embassy in Korea
Heavenly Culture, World Peace, Restoration of Light (HWPL), a UN DPI registered NGO, raised USD 43,284.82 (KRW 50,145,460) for The Ecuador Earthquake Relief Fund, during the May 25th, 3rd Annual…
- 12 Nov 2024
Odemwingie Crowned National PachiPanda Champion by MTN Nigeria and WWF/NC
MTN Nigeria, in partnership with the World Wide Fund for Nature (WWF) through its local partner Nigeria Conservation Foundation (NCF), is pleased to announce the winners of the 2024 Nigeria…
- 26 Aug 2024
MTN Nigeria, WWF Kickoff 2024 Nigeria PachiPanda Challenge
MTN Nigeria and the World Wide Fund for Nature (WWF) through its local partner Nigeria Conservation Foundation (NCF), have announced the kick-off of the Nigeria PachiPanda Challenge. This initiative…
- 20 May 2022
MARA Raises $23m to Build Africa’s Portal to Crypto Economy
MARA, a Pan-African crypto exchange, has announced $23 million in funding from some world renown investors to build a portal to the crypto economy for the African population. The firm, in a…
- 10 Aug 2018
GEM, COSON Partner on Intellectual Property Rights
In a bid to properly educate and enlighten the Nigerian populace and the entertainment industry in particular, the Growth and Empowerment Project, GEM, funded by the World Bank and domiciled in the…
- 27 Mar 2013
BRICS Development Bank to Rival IMF, the World Bank
Geoffrey Wood, Professor of International Business said that the new BRICS Development Bank can rival the International Monetary Fund (IMF) and the World Bank if it can reconcile its competing…
- 2 Mar 2013
World Bank, IMF Sound Upbeat as Nigerians Sigh on Economy
The World Bank and International Monetary Fund (IMF) believe Nigeria is the place to be with earnings from foreign direct investment (FDI) expected to hit all time high $7.3 billion in 2013. This is…
- 6 May 2017
CBN Will Not Float Naira to ‘Kill’ Nigerians
Isaac Okorafor, spokesman of the Central Bank of Nigeria (CBN), has said that the apex bank will resist calls from the World Bank and International Monetary Fund (IMF) to float the naira. He insisted…
- 22 Mar 2021
The impact of COVID-19 on the Debt Capital Markets in Africa - FBNQuest
Traditionally, corporates and states in Africa use debt capital markets to raise huge funding. As the coronavirus bites harder against the increasing debt-to-GDP ratios coupled with increasing risks…