Tag:World Bank

Climate Change

World Bank strengthens efforts to combat poverty, climate change with $100bn commitment for IDA21 replenishment

The World Bank Group has unveiled a record $100 billion financing package for the 21st replenishment cycle of the International Development Association (IDA21), the largest in...
Michael Simire -
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Borlaug Dialogue: Adesina, Banga lead the charge to end hunger in Africa

In what looks like a remarkable opening to the 2024 Norman E. Borlaug International Dialogue, the president of the African Development Bank Group, Dr....
Michael Simire -
Business

World’s 26 poorest nations in worst debt since 2006 – World Bank

The World Bank says 26 poorest countries worldwide “are deeper in debt than at any other time since 2006,” while being increasingly vulnerable to...
Michael Simire -
Sustainable Devpt

World Bank approves $500m loan for power, irrigation project in Nigeria

The World Bank has approved a $500 million loan to support the Sustainable Power and Irrigation for Nigeria (SPIN) project aimed at reducing climate-induced...
Michael Simire -
Sustainable Devpt

World Bank to support Nigeria in turning forests to economic hubs

The World Bank has pledged to support the Federal Government in turning Nigerian forests to economic hubs. Malam Balarabe Lawal, Minister of Environment, disclosed this...
Michael Simire -
Renewable Energy

Nigeria, World Bank, AfDB collaborate on university electricity project

The Federal Government of Nigeria, in partnership with the World Bank and African Development Bank (AfDB), is working to provide electricity to selected universities...
Michael Simire -
Renewable Energy

World Bank, REA delegation inspects work on 12 megawatts solar project in Borno

The World Bank Practice Manager for West Africa, Mr Ashish Khanna, has commended the level of work on the 12 megawatts University of Maiduguri...
Michael Simire -
Cover

Global gas flaring rises to highest level since 2019, says World Bank

The amount of gas flared worldwide in 2023 rose by nine billion cubic meters (bcm) to 148 bcm, its highest level since 2019, a...
Michael Simire -
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Latest news

Waste Management

NAF commends LAWMA over swift waste evacuation

The Nigerian Air Force (NAF) Base, Ikeja, has commended the Lagos Waste Management Authority (LAWMA) for its swift evacuation...
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Oil & Gas

Nigeria can weather global crisis, seize energy opportunities – NUPRC Board Chairman

Nigeria is in a relatively strong position to navigate the situation and possibly benefit from emerging opportunities in the...
Cover

Middle East conflict: Oil from emergency reserves will soon start flowing – IEA

Oil from the International Energy Agency (IEA) emergency reserves will soon start flowing to global markets following the announcement on...

Must read

Waste Management

NAF commends LAWMA over swift waste evacuation

The Nigerian Air Force (NAF) Base, Ikeja, has commended...
Oil & Gas

Nigeria can weather global crisis, seize energy opportunities – NUPRC Board Chairman

Nigeria is in a relatively strong position to navigate...