Browsing Tag

The World Bank

World Bank Projects Agriculture to Drive Nigeria’s Economic Growth


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The World Bank has projected that agriculture, trade, and others are expected to drive Nigeria’s economy’s growth by 3.3 percent this year, 2024 and 3.7 percent in 2025. The World Bank disclosed this in its recent Global Economic…

Lagos State Government Vows to Sustain APPEALS Project


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The Lagos State government has pledged to continue to support the Agro-Processing, Productivity Enhancement & Livelihood Improvement Support (APPEALS) Project in the state, even after the completion of the partnership with the World…

Nigeria’s Economy May Suffer Slow Growth in 2023 – World bank


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The World Bank, in its Africa Pulse Report April 2023 edition titled “Leveraging Resource Wealth During the Low Carbon Transition” said the Nigerian economy is set to grow by 2.8 per cent in 2023, down from 3.3 per cent in 2022, and…

Global Food Price Inflation rises above 5%- World Bank


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Select a EDS Sub navigation page selecting option, leaving this pa Domestic food price inflation remains high around the world, as information between May to August 2022 shows…

World Bank Appoints Team Leader for ‘APPEALS’ Project


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A new World Bank Task Team Leader (TTL) has been assigned for the Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project. Mrs Aishat Onusi, National Communication Specialist for National Project…

Cross River State Government Set To Mitigate Coastal Degradation


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Eme Offiong, Calabar The Cross River State Government in partnership with the World Bank and Nigeria’s Ministry of Environment has concluded plans to tackle challenges mitigating economic development of communities along the nation’s…

World Bank Commends Kogi State APPEALS Office


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The World Bank has commended the Kogi State Coordination Office of the Agro-Processing, Productivity Enhancement and livelihood Improvement Support (APPEALS) project for contributing to the attainment of the project development objectives…

World Bank to review global poverty index to $2.15


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The World Bank plans to revise the global poverty line from $1.90 to $2.15 due to increases in the costs of basic food, clothing, and shelter across the world. This was contained in a Fact Sheet post titled ‘An Adjustment to Global…

NG-Cares: World Bank declares Nigeria’s US$750 million credit-assisted programme effective


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The World Bank has declared the USD750 million Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) Programme effective. According to a statement signed by the Chairman, Federal CARES Technical Committee, Aso…

African leaders unite to support IDA20 replenishment


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President Alassane Ouattara of Cote d’Ivoire and the World Bank Group will host a high-level meeting on July 15, 2021,  with African leaders to highlight the importance of an ambitious and robust 20th replenishment of the International…