The Federal Government of Nigeria, on Thursday, secured the biggest share of the $65bn (N27tn) funding from the World Bank’s International Development Association to African countries. This was as the …
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World Bank
World Bank has extended a KSh390 million facility to 14 firms in 14 counties, seeking to use solar energy to light up areas not on the national grid, and benefitting …
- Banking, Finance & InvestmentBuilding
Central Bank of Nigeria clears $1.7billion worth of FX backlogs by October.
The World Bank has stated that Nigeria’s external reserves are expected to decline as the Central Bank of Nigeria (CBN) is expected to clear $1.7 billion worth of FX backlog …
The World Bank has predicted that more people in Nigeria and its Sub-Saharan neighbours are expected to fall into extreme poverty. According to a report obtained via a World Bank newsletter …
- AfricaBanking, Finance & InvestmentWestern Africa
World Bank to fund $30bn projects in Nigeria, others
The World Bank has said it is set to disburse a total of $30bn to fund existing and new projects in Nigeria and other countries as part of a global …
- Banking, Finance & InvestmentEastern Africa
World Bank agrees $300 million grant for reconstruction, Ethiopia.
Ethiopia and the World Bank have signed a pact for a grant of $300 million to assist reconstruction and recovery in conflict-hit areas, the finance ministry said. Fighting that erupted …
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