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World Bank: Nigeria Faces Rising Poverty Rates as Inflation Soars

ABUJA, Nigeria - According to the World Bank, Nigeria has experienced one of the highest inflation rates globally, which has pushed an estimated four...

World Bank Projects Remittances To Nigeria Will Drop By 20%

World Bank projects that remittances to Nigeria and other low to middle-income countries (LMICS) will decline sharply by about 20 percent in 2020 due to...

BREAKING: World Bank Approves $3 Billion Power Loan To Nigeria

The World Bank has agreed to give Nigeria a $3 billion loan for the expansion of the transmission and distribution facilities of the power...

Trump Picks World Bank Critic, David Malpass, As The Institution’s Next President

David Malpass, a senior US Treasury official in President Donald Trump’s administration, was unanimously chosen Friday as the next president of the World Bank. The...

King Of The North: Buhari Asked World Bank To Concentrate Work In Northern Nigeria

Jim Yong Kim, president of the World Bank Group, said on Thursday, October 12, 2017 that the bank had concentrated on the northern region of Nigeria...

Kaduna: El Rufai Sacks 21,780 Teachers After They ‘Fail Primary 4 Exam’

Nasir El-Rufai, the governor of Kaduna State, has revealed that 21,780 out of 33,000 teachers failed the primary four test administered to test their...

World Bank President, Jim Yong Kim, Unopposed For 2nd Term

American president of the World Bank, Jim Yong Kim stands unopposed for a second term, with an  invaluable endorsement by the US Treasury Department. In...

Jonathan-Era List Used To Identify Beneficiaries Of N5,000 Stipends – Osinbajo

Vice President Yemi Osinbajo has said that the Buhari presidency picked beneficiaries of the N5,000 monthly stipend programme from a list prepared under the...

Achebe Center Writes World Bank In Move To Block Buhari’s $29.9 Billion Loan Bid

The Chinua Achebe Center for Leadership and Development, CACLD, has advised the World Bank not to grant the $29.9 billion loan being requested by...

BREAKING NEWS: 4 World Bank Officials Drown In Ekiti (SAD PHOTO)

Disaster struck in Ekiti State in the evening of Wednesday, August 25, 2016 when four members of a World Bank assessment team on assignment drowned...

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