World Bank

November 15, (THEWILL) - The last tranche of the $1.5bn World Bank-assisted States Fiscal Transparency, Accountability and Sustainability (SFTAS) Programme, will be disbursed to state governments in the next few weeks. Minister of Finance, Budget and National Planning, Mrs Zainab...

In its continued efforts at supporting the improvement of business environment in Nigeria, the World Bank recently approved a US$750 million International Development Association (IDA) credit to prop Nigeria’s State Action on Business Enabling Reforms (SABER) Programme-for Results (PforR). Nigerian...

October 14, (THEWILL) – The World Bank has said Nigeria and Ghana are yet to approach the bank as well as the International Monetary Fund (IMF) for the framework on debt restructuring. President of the Group, David Malpass clarified...

October 12, (THEWILL) – The impacts of climate change threaten China’s densely populated and economically critical low-lying coastal cities, which are home to an estimated one-fifth of its population and contribute a third of its GDP, the World Bank Group...

October 10, (THEWILL) - The heads of the International Monetary Fund and World Bank have warned of a rising risk of a global recession as advanced economies slow and faster inflation forces the Federal Reserve to keep raising interest...

December 16, (THEWILL) - The World Bank has approved a $700m credit from the International Development Association for the Nigeria Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) Project. A statement issued on Thursday by the Bank’s Senior External Affairs Officer for Nigeria,...

October 25, (THEWILL) - The World Bank has blacklisted 18 Nigerians firms and Individuals for engaging in corrupt practices, fraud and collusive practices in its 2021 fiscal year 2021, a new report has revealed. A list of debarred individuals and...

BEVERLY HILLS, May 19, (THEWILL) - The World Bank has disclosed plans to invest $150 billion in Africa within the next five years towards promoting development on the continent. The President of World Bank Group, David Malpass, disclosed this on Tuesday...

BEVERLY HILLS, May 14, (THEWILL) - Lagos State Government says its World Bank-assisted Agro-Processing, Productivity Enhancement, Livelihood Improvement Support (APPEALS) Project will construct 13.16km Farm Access Roads (FARs) in four cluster areas. The state Commissioner for Agriculture, Ms Abisola Olusanya,...

BEVERLY HILLS, March 29, (THEWILL) - The World Bank has announced that the 2021 Spring Meetings will take place virtually from Monday, April 5, through Sunday, April 11. To accommodate for the time differences between countries, the organizers says...