world bank

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    NAIRA AMONG THE WORST PERFORMING CURRENCIES IN SUB-SAHARAN AFRICA IN 2024: WORLD BANK REPORT BREAKDOWN

    NAIRA AMONG THE WORST PERFORMING CURRENCIES IN SUB-SAHARAN AFRICA IN 2024: WORLD BANK REPORT BREAKDOWN 1. Naira’s Depreciation in 2024 The Nigerian naira has been listed as one of the worst-performing currencies in Sub-Saharan Africa for 2024, according to the World Bank’s Africa’s Pulse...
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    WORLD BANK AND AfDB TO INVEST $7.5 BILLION IN NIGERIA'S POWER SECTOR

    WORLD BANK AND AfDB TO INVEST $7.5 BILLION IN NIGERIA'S POWER SECTOR 1. Investment Overview: - Total Investment: $30 billion by World Bank and African Development Bank (AfDB) - Nigeria’s Share: $7.5 billion (approximately 25% of total investment) 2. Purpose and Plan: - Objective...
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    IMF and World Bank remedies cannot revive the Nigerian economy, Chima Amadi

    IMF and World Bank remedies cannot revive the Nigerian economy, Chima Amadi Dr. Chima Amadi, the Chairman of the Board of Trustees of the Centre for Transparency Advocacy, spewed some shocking facts regarding the economic situation of Nigeria. He disclosed that the different remedies from the...
  4. queeny

    World Bank withdraws financial aid to Uganda over anti-gay laws

    The World Bank has withdrawn all its financial aids to Uganda over the anti-gay laws enforced in the country few months ago. Uganda has been vocal and direct in its stance on the LGBTQ movement. In May 2023, Uganda signed the anti-gay bill which was supported by a large number of the...
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    Large-scale Purge: CAC to Remove 100,000 Companies from Registry

    The Corporate Affairs Commission (CAC) is set to remove a total of 100,000 registered companies from its database. Alhaji Garba Abubakar, the Registrar-General/CEO of the CAC, made this announcement during a Training Workshop on the Use of the Beneficial Ownership Register (BOR) held in Lagos...
  6. Amazin Zion

    WTO and World Bank Moves to Improve Collaboration on Trade in Developing Countries

    Earlier on, The World Trade Organization proposed a plan to increase better collaboration with developing nations in services trade. According to a report titled "Trade in Services for Development," sponsored by the World Trade Organization and the World Bank, it stated that the growth of...
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    Environmental pollution kills at least 30,000 residents in Nigeria yearly - World bank

    According to the World Bank, pollution kills at least 30,000 people in Lagos every year. This was revealed in a blog post on the bank's website titled "Making Lagos a Pollution-Free City: Solving the Threat One Solution at a Time." Pollution is a major worry in many cities throughout the...
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