Tag: World Bank
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IMF/World Bank And The Rot In Our Banking Sector
Let us begin with the profound words of Chief Obafemi Jeremiah Oyeniyi Awolowo, a Nigerian nationalist and statesman who played a key role in...
World Bank Warns of Looming Power Shortages For 600 Million Africans by 2030
World Bank Managing Director of Operations, Ms Anna Bjerde, has revealed that approximately 600 million people in Africa are at risk of enduring persistent...
World Bank reveals that one in every ten extremely poor persons lives in Nigeria
The World Poverty Clock estimates that approximately 70.92 million Nigerians live in extreme poverty.This amounts to 11% of the world's extremely poor people. This...
Government and World Bank collaborate to finance the mining industry
On Tuesday, the World Bank and the Federal Government, via the Ministry of Solid Minerals Development, reaffirmed their commitment to working together to secure...
World Bank grants $1 billion loan to support South Africa’s energy sector
The World Bank has approved $1 billion loan to support South Africa's energy sector which is currently experiencing the worse conditions including inadequate funds...
