Tag: World Bank

How War in Ukraine Pushes Poverty Higher in Africa —World Bank:
April 19, 2022 No Responses

How War in Ukraine Pushes Poverty Higher in Africa —World Bank:

World Bank Group President, David Malpass has expressed concern over higher poverty rates in Africa and other developing countries due to war in Ukraine and COVID-19 related shutdown. A statement issued on Monday by the Bank quoted Malpass as making this...
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World Bank Approves $400m To Buy Covid-19 Vaccines for 150m Nigerians
October 2, 2021 No Responses

World Bank Approves $400m To Buy Covid-19 Vaccines for 150m Nigerians

World Bank on Friday made known it has approves the sum of USD400 million for the procurement of affordable COVID-19 for about 40 million of Nigerians and to also boost effective deployment of the vaccine about 110 million Nigerians. In...
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Loans to Nigeria Mutually Beneficial, says China – What Do You Think?
July 23, 2021 No Responses

Loans to Nigeria Mutually Beneficial, says China – What Do You Think?

Mr Cui Jianchun, Ambassador of the People’s Republic of China to Nigeria, says his country’s loans to Nigeria are of mutual benefit. Jianchun explained that this was because Nigeria and China had a history of good friendship and bilateral relations....
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How United States, Nigeria, Russia, Iraq, Iran Top Countries in Gas Flaring
April 29, 2021 No Responses

How United States, Nigeria, Russia, Iraq, Iran Top Countries in Gas Flaring

How United States, Nigeria, Russia, Iraq, Iran Top Countries in Gas Flaring
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How NCC, World Bank, GSMA, Fuse to Up INTERNET Broadband to 70% in Nigeria
July 10, 2020 one Response

How NCC, World Bank, GSMA, Fuse to Up INTERNET Broadband to 70% in Nigeria

‘Broadband Penetration now 40.14% in Nigeria’ NEWSWATCHNIGERIA can report that efforts to grow broadband internet infrastructure in Nigeria has been rekindled and if the new mandate by government is anything to go by, 90 per cent of the country&#82...
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Why World Bank, IMF Should Provide Financial Support System for Nigeria Over Insecurity – AFDB
January 30, 2020 No Responses

Why World Bank, IMF Should Provide Financial Support System for Nigeria Over Insecurity – AFDB

The African Development Bank (AfDB) has appealed to International Monetary Fund (IMF) and World Bank to work out a financial support system for Nigeria and other west African countries which economies were threatened by insecurity.
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Why Nigeria’s Economy Will Rise by 4.1% in 2020 –World Bank
January 9, 2020 No Responses

Why Nigeria’s Economy Will Rise by 4.1% in 2020 –World Bank

The World Bank says due to growth in emerging market, developing economies including in Nigeria are expected to accelerate to 4.1 per cent in 2020.
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Why World Bank appointed Chaudhuri as Country Director for Nigeria
October 2, 2019 No Responses

Why World Bank appointed Chaudhuri as Country Director for Nigeria

The World Bank has appointed Mr Shubham Chaudhuri as the new Country Director for Nigeria, succeeding Mr Rachid Benmessaoud who completed his term recently. A statement issued by the World Bank’s Senior Communications Officer, Nigeria, on Wednesday in Abuja,...
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ECOWAS to have own currency by 2020, says member state
June 13, 2019 No Responses

ECOWAS to have own currency by 2020, says member state

The Economic Community of West African States (ECOWAS), is in the “fast lane’’ of integration and planned to have its own currency in 2020, a member state has disclosed. Aichatou Kane, a representative from Niger Republic disclosed this at the ongoing.....
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2019: World Bank’s $18.5m for SEEFOR projects in Edo
December 11, 2018 No Responses

2019: World Bank’s $18.5m for SEEFOR projects in Edo

The World Bank says it will put 18.5 million US dollars to the State for Employment and Expenditure For Results (SEEFOR) projects in Edo in 2019. Mr Parminder Brar, Task Team Leader of the World Bank, stated this when he led...
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