Tag: World Bank
Tinubu’s govt seeks fresh $1.5 billion World Bank loan
The President Bola Tinubu-led federal government is currently engaging the World Bank on a fresh $1.5 billion loan.
The loan is titled ‘Nigeria Human Capital...
World Bank suspends new loans to Uganda over anti-LGBTQ law
Uganda’s President Yoweri Museveni, on Thursday, denounced the World Bank’s decision to suspend new funding in response to a harsh anti-LGBTQ law and vowed...
World bank suspends new loan to Uganda over anti-LGBTQ law
The World Bank has halted approval for new public finance projects in Uganda over the country's adoption of a widely criticised bill criminalising same-sex...
World Bank warns global economy in precarious position
According to a new report from the World Bank, high interest rates and the Russian war in Ukraine continue to slow global economic growth...
World Bank gives Ghana $150 million to tackle poverty
The World Bank has released $150 million to help the Ghanaian government fulfil its poverty alleviation obligations, a release from the bank’s Ghana office...
World Bank disburses $150m to enhance Ghana’s poverty alleviation
World Bank disburses $150m to enhance Ghana’s poverty alleviation
The World Bank has released 150 million U.S. dollars to help the Ghanaian government fulfill its...
Fuel Subsidy: CISLAC queries $800m World Bank loan for Nigerians
Fuel Subsidy: CISLAC queries $800m World Bank loan for Nigerians
NEWS DIGEST - The Civil Society Legislative Advocacy Centre, CISLAC, has queried the Federal Government...
Concessional World Bank facilities positive for Nigeria – DMO
The Debt Management Office, DMO, says Nigeria’s indebtedness to the World Bank, which grew from 6.29 billion dollars in 2015 to 13.46 billion dollars...
Food price inflation remains high globally – World Bank
The World Bank says inflation in food prices remains high globally. It made the declaration in its latest Food Security Update report issued on...
Nigeria’s 96% revenue used to service debt in 2022 – World...
The World Bank says Nigeria’s constant fiscal deficit has worsened the nation’s public debt stock, with 96.3 per cent of government revenue spent on...