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Tag:World Bank

Nigeria adopts carbon pricing to curb global emission

The adoption of Carbon Pricing as a key strategy to reducing global carbon emission received a major endorsement recently in Lagos, where stakeholders gathered...

Zambia secures $129 million loans for water, power

Zambia has contracted a loan of $15 million from the African Development Bank (AfDB) for implementation of a water supply and sanitation project in...

World Bank’s carbon market threatens forest people’s rights

Lack of safeguards for indigenous land rights opened the door for accelerated deforestation and palm oil plantations across Indonesia; as Ebola recedes, Liberia faces...

World Bank supports Brazil climate-friendly projects with $400 million

The International Finance Corporation (IFC), a member of the World Bank Group, is providing a $400 million financing package for Banco Itaú Unibanco, one...

World Bank invests in $120m Abuja shopping mall

The IFC, a member of the World Bank Group, has announced a $9.5 million investment in Jabi Lake Mall to support demand for modern...

World Bank: How climate change threatens Nigeria’s development

Though Nigeria appears to be on track to be among the world’s top 20 largest economies, climate change could however impact the country’s development...

Nigeria, others lose $5.5b annually to poor sanitation

Nigeria and 17 other African countries lose around US$5.5 billion every year due to poor sanitation, with annual economic losses between 1 percent and...

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Energy firm boosts host communities with N101bn investments

Heritage Energy Operational Services Ltd. (HEOSL) says it committed not less than N101 billion to community development projects across...
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Seplat completes conversion of onshore assets to PIA fiscal regime

Seplat Energy Plc, a Nigerian independent energy company, says its subsidiaries have completed the conversion of their operated onshore...

NNPC reaffirms commitment to peace, responsible energy development in Ogoniland

The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC Ltd.), Bashir Bayo Ojulari, has reaffirmed the...

Must read

Energy firm boosts host communities with N101bn investments

Heritage Energy Operational Services Ltd. (HEOSL) says it committed...

Seplat completes conversion of onshore assets to PIA fiscal regime

Seplat Energy Plc, a Nigerian independent energy company, says...
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