FG, World Bank Restructure $500m Education Programme, Cut Classroom Funding
The Federal Government and the World Bank have restructured the $500m HOPE for Quality Basic Education for All programme, reducing ...
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Tag: #WorldBank
Nigeria Cancels $717.7m World Bank Power Sector Funding Amid Electricity Crisis
Nigeria has cancelled $717.7 million in undisbursed financing under the World Bank-backed Power Sector Recovery Performance-Based Operation (PSRO), dealing a ...
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Global Food Prices Rise 5% After Strait of Hormuz Closure — World Bank
Global food prices rose by 5% in the two months following the near-total closure of the Strait of Hormuz after ...
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FG Cancels $717.7m World Bank Power Sector Loan Amid Rising Tariff Crisis
The Federal Government of Nigeria (FGN) has cancelled $717.7m in undisbursed financing from the World Bank for Nigeria’s struggling electricity ...
Read moreAfrica’s Skills Gap Threatens Growth, Job Creation — World Bank
A growing mismatch between the skills possessed by African workers and those required by employers is becoming a major obstacle ...
Read moreGlobal Carbon Pricing Revenues Surpass $107bn in 2025 – World Bank
The World Bank has disclosed that global revenues generated from carbon pricing mechanisms exceeded $107 billion in 2025. The disclosure ...
Read moreFG Seeks Fresh $1.25bn World Bank Loan for Jobs, Power, Digital Reforms
The Federal Government is engaging the World Bank for a fresh $1.25bn loan under a proposed programme aimed at expanding ...
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World Bank: Nigeria Could Gain $400bn by Investing in Adolescent Girls
Nigeria could generate more than $400 billion in additional income by 2040 if it prioritises sustained investment in adolescent girls, ...
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World Bank Commits $8.2bn to Power 300 Million Africans Under “Mission 300”
The World Bank Group has pledged $8.2bn to expand electricity access across Sub-Saharan Africa, targeting one of the region’s most ...
Read moreGlobal Agencies Warn Middle East Conflict Threatens Food Security and Supply Chains
The heads of the International Energy Agency (IEA), the International Monetary Fund (IMF) and the World Bank Group have warned ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.