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Tag:World Bank

Nigeria, six others top gas flaring countries – World Bank

The World Bank says Russia, Iraq, Iran, the United States, Algeria, Venezuela and Nigeria remain the top seven gas flaring countries for nine years...

Time for world to move towards sustainable solutions, says Malpass

World Bank President, Mr David Malpass, says it is time to move toward solutions that achieve sustainable, broad-based economic growth without harming climate, degrading the...

World Bank to provide COVID-19 finance to 50 countries by mid 2021

The World Bank will provide 50 countries with finance to buy COVID-19 vaccines by mid-2021, Mr David Malpass, World Bank Group President, has said. Malpass...

World Bank Spring Meetings to address sovereign debt and nature crises

The World Bank Group-International Monetary Fund Spring Meetings holding virtually from April 9 to 11, 2021 will, amid the mounting sovereign debt crisis exacerbated...

Nigeria, 18 other African countries to benefit from World Bank’s $22.5m electricity grant

Nigeria and 18 other African countries will benefit from World Bank’s $22.5 million additional financing for the Regional Off-Grid Electricity Access Project (ROGEAP) in...

Poor countries need billions for vaccination – World Bank president

Overcoming the economic consequences of the coronavirus pandemic requires international cooperation and debt reduction in poor countries, according to World Bank President David Malpass. This...

Tackling climate change will engender economic growth – World Bank, others

The World Bank, FMDQ and other stakeholders in the financial space say tackling climate change impact in Africa will engender sustainable economic growth. The stakeholders...

World Bank approves $114.28m for Nigeria to battle COVID-19

The World Bank has approved $114.28 million financing to help Nigeria prevent, detect and respond to the threat posed by COVID-19 with specific focus...

Latest news

Sagamu-Ibadan gas pipeline hits 80% completion as REA earmarks N170bn for 500 power projects

The Managing Director of NIPCO Gas Ltd., Mr. Nagendra Verma, says the 18-inch, 80-kilometre Sagamu–Ibadan natural gas pipeline has...
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Power generation falls to 4,300MW amid gas shortage, Enugu experiences drop in power supply

The Nigerian Independent System Operator (NISO) says power generation has dropped to approximately 4,300 megawatts due to inadequate gas...

NIMASA backs national maritime decarbonisation plan

The Nigerian Maritime Administration and Safety Agency (NIMASA) has pledged regulatory leadership and technical coordination to deliver a robust...

Must read

Sagamu-Ibadan gas pipeline hits 80% completion as REA earmarks N170bn for 500 power projects

The Managing Director of NIPCO Gas Ltd., Mr. Nagendra...

Power generation falls to 4,300MW amid gas shortage, Enugu experiences drop in power supply

The Nigerian Independent System Operator (NISO) says power generation...
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