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 ...
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Tag: #WorldBank
Global 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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IMF to Downgrade Global Growth Forecast as US–Iran Tensions Disrupt World Economy
The International Monetary Fund (IMF) has announced plans to downgrade its global growth projections, citing escalating tensions between the United ...
Read moreWorld Bank Flags Weaknesses in Nigeria’s Public Finance System
The World Bank has raised fresh concerns about weaknesses in Nigeria’s public finance management system, warning that persistent gaps in ...
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World Bank Clarifies Position on Petrol Imports Amid Nigeria Policy Backlash
The World Bank Group has clarified its stance on fuel imports in Nigeria following criticism over recommendations contained in its ...
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IMF Flags $50bn Emergency Support Need as Middle East War Deepens Economic Strain
The International Monetary Fund (IMF) has warned that it may need to provide up to $50 billion in emergency financial ...
Read moreWorld Bank Raises Concern Over Nigeria’s N4tn Power Sector Bond Programme
The World Bank has expressed concern over the Federal Government’s plan to settle about N3.3tn owed to power-generating companies, warning ...
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World Bank Says Nigeria’s Economic Growth on Track Despite Global Shocks
The World Bank has affirmed that Nigeria’s economic growth remains on track in the first half of 2026, despite the ...
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FG Targets 5.2 Million New Electricity Connections by June 2026 Under $750m World Bank Project
The Federal Government of Nigeria is targeting the connection of 5.2 million Nigerians to electricity by June 2026 under a ...
Read moreWorld Bank Warns Against Public Sector Job Cuts in Developing Countries
The World Bank has cautioned that developing countries, including Nigeria, should avoid cutting public sector jobs as a quick fix ...
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