World Bank: Diaspora Nigerians remittances hit $22b

World Bank: Diaspora Nigerians remittances hit $22b

Diaspora Nigerians sent $22 billion  home last year, an African record and the fifth largest remittance by immigrants, the World Bank has said. Egypt received $20 billion from its citizens abroad, according to figures published by the bank. The World...
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World Bank Raises First Bond Worth $1.5bn

World Bank Raises First Bond Worth $1.5bn

World Bank’s International Development Association (IDA) on Tuesday launched a 1.5 billion-dollar bond, the first in its nearly 60-year history. The World Bank Group President, Mr Jim Yong Kim, said the launch of IDA’s borrowing programme in the global cap...
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Nigeria Makes Top Class in World Bank 2017 Ranking

Nigeria Makes Top Class in World Bank 2017 Ranking

Nigeria is one of the top four leading voices in Public Private Partnerships (PPP) in the 2017 ranking of the World Bank Group (WBG). Ms Yelena Osipova-Stocker, Communications Officer for Infrastructure, PPPs and Guarantees Group of the WBG, disclosed this...
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VISA Opens Regional Headquaters in Cote D’lvoire, Shuns Nigeria

VISA Opens Regional Headquaters in Cote D’lvoire, Shuns Nigeria

Inspite of the Nigeria’s globally acknowledged economic landscape in Africa and its market growth opportunities for investors,Visa, a global payments technology company, opened its regional headquarters for the Western and Central Africa region in Abidja...
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