Tag
WORLD BANK
World Bank sheds light on the remarkable growth of the gig (freelance) economy, which now constitutes approximately 12% of the global labor market.
The International Monetary Fund (IMF) and World Bank have restated their commitment to address issues relating to the vulnerability of nations to debt, and problems with climate change and facilitate digital transitions for people who are still offline.
The Minister for Communications and Digital Economy, Dr. Bosun Tijani, has revealed that the Federal Government has secured a $500 million loan for local funding programme.
Governor Mohammed Umar Bago of Niger State has directed the payment of N900 million as a counterpart fund for the World Bank's Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project.
President Bola Tinubu has revealed that a comprehensive forensic audit of the Central Bank of Nigeria (CBN) is underway, while a thorough overhaul of the Civil Service payroll is imminent.
World Bank President Ajay Banga will embark on a 3 day visit to Nigeria as part of a global tour to create a playbook for the World bank.
World Bank data provides valuable insights into Nigeria's electricity access over the past 20 years, spanning from 2000 to 2020.
The World Bank plans to commit $750 million through the Nigeria Electrification Project (NEP) to enhance rural electrification and improve access to electricity for Nigerians.
The World Bank has said that Nigeria is projected to save up to $5.1 billion (N3.9 trillion) in 2023 alone after the removal of fuel subsidy and reforms of its foreign exchange market.
The World Bank advised Nigerian policymakers to move away from national averages when formulating social protection measures after the fuel subsidy removal.
The World Bank's assessment in 2021 positioned Nigeria as the fifth country with high debt risk exposure, showing the country's debt profile.
Active subscriptions for the internet across mobile, fixed and VOIP networks in Nigeria increased by rose to 158.2 million in April this year.