Addressing an assembly in Zanzibar, Tanzania, Ajay Banga, the president of the World Bank outlined an ambitious initiative to empower 100 Million Africans through the availability of electricity across Africa by 2030.
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The World Bank has initiated the disbursement of $300 million under the National Social Safety Net Program-Scale Up. The approved $800 million loan, sanctioned on December 16, 2021, aims to aid the
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The World Bank’s report on the National Social Safety Nets Project has revealed that less than one percent of Nigeria’s poor and vulnerable population possess a National Identity Number (NIN), potentially excluding
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The Nigerian government on Monday, announced that it has secured $1.5 billion from the World Bank and an additional $80 million from the African Development Bank to boost it’s finances. These facilities
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$1.5bn Budget Support Loan: Nigerian Govt Should Cut Cost of Governance Not Borrowing More – Moghalu
Former deputy governor of the Central Bank of Nigeria, Prof. Kingsley Moghalu, has called on Nigeria’s political leaders to cut cost of governance not going to borrow more funds. He stated this
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Ambassador of Senegal to China, Ibrahima Sory Sylla, has criticized the World Bank and International Monetary Fund (IMF) for their stringent lending policies against countries in Africa.
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Nigeria’s Finance Minister Wale Edun has stated that President Tinubu is committed to adhering to statutory limits when seeking budget support from the Central Bank of Nigeria. Edun, who made this known
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Coordinating Minister of the Economy, Mr. Wale Edun, has revealed that discussions at the annual meeting of the World Bank/International Monetary Fund (IMF) in Marrakesh, Morocco reveals that Nigeria has now become
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The International Monetary Fund (IMF) and World Bank have lauded the Central Bank of Nigeria’s decision to lift restrictions on 43 items banned from accessing foreign exchange through official channels. Speaking at
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Senator Jimoh Ibrahim of Ondo South Senatorial District has called for a unique approach to Africa's debt crisis. He recommended that Africa's debts, including those of Nigeria
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