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Elumelu Opens Digital Economy for Africa Forum with World Bank President and LinkedIn CEO
3 days ago

Elumelu Opens Digital Economy for Africa Forum with World Bank President and LinkedIn CEO

Chairman, Heirs Holdings and Founder, The Tony Elumelu Foundation, Tony O. Elumelu will join Jim Yong Kim, President, World Bank Group and Jeff Weiner, LinkedIn CEO at the opening debate …
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WORLD BANK REPORT: 80 percent of Nigerian young adults can’t read
1 month ago

WORLD BANK REPORT: 80 percent of Nigerian young adults can’t read

By  •  EDUCATION

A World Bank report released this week claims 80 percent of Nigerian adults who completed primary education cannot read.

The World Development Report 2018: ‘Learning to Realize Education’s Promise’ was …
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BIG BOOST! W/Bank gives Nigeria $486m credit for power sector
2 months ago

BIG BOOST! W/Bank gives Nigeria $486m credit for power sector

By  •  LOCAL

World Bank has approved a 486 million dollars credit facility to Nigeria for electricity grid improvements, the lender said on Friday.

“The investments under the Nigeria Electricity Transmission Project will …
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World Bank warns against cryptocurrencies, compares it to Ponzi schemes
2 months ago

World Bank warns against cryptocurrencies, compares it to Ponzi schemes

By  •  GLOBAL NEWS

The World Bank warned and compared cryptocurrencies to “Ponzi schemes”.

The warning is the the latest financial voice to raise questions about the legitimacy of digital currencies such as Bitcoin.


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World Bank predicts 2.5% economic growth for Nigeria
3 months ago

World Bank predicts 2.5% economic growth for Nigeria

By  •  BUSINESS

The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 per cent in 2018, as the country benefits from improved commodity prices, investments and …
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World Bank: We have over $8.5bn investments scattered across Nigeria
6 months ago

World Bank: We have over $8.5bn investments scattered across Nigeria

By  •  LOCAL

World Bank Group says it has an investment portfolio of about $8.5 billion scattered across states and regions in Nigeria.

Olufunke Olufon, senior communications officer, World Bank Nigeria, said this …
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President of the North? World bank site reveals North exclusively enjoyed 7 of 14 projects in Nigeria since 2015
6 months ago

President of the North? World bank site reveals North exclusively enjoyed 7 of 14 projects in Nigeria since 2015

Documents on the World Bank Group’s website have shown that Northern Nigeria enjoys majority of the contracts sponsored by the bank in the country. The findings come after President of …
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World Bank Comment: Presidency says North-East has always been Buhari’s priority
6 months ago

World Bank Comment: Presidency says North-East has always been Buhari’s priority

By  •  POLITICAL

The presidency says north-east has always been the priority of President Muhammadu Buhari. The statement follows reactions to the comment of Jim Yong Kim, president of the World Bank, that …
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World Bank Chief accuses Buhari of asking his organisation to focus on the north
6 months ago

World Bank Chief accuses Buhari of asking his organisation to focus on the north

Jim Yong Kim, President of the World Bank Group has accused president Muhammadu Buhari of asking his organisation to prioritise its developmental programmes across the northern parts of Nigeria.

Jim …
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World Bank monitoring team ranks Edo high on Transparency, job creation
8 months ago

World Bank monitoring team ranks Edo high on Transparency, job creation

By  •  LOCAL, POLITICAL

The World Bank Implementation Support Team, monitoring the implementation of State Employment and Expenditure for Results (SEEFOR) projects in the Niger Delta region, has ranked Edo State high on transparency …
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