Tag: World Bank
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Nigeria Becomes the Third-Largest Debtor to the World Bank’s IDA, Receiving $2.2 Billion Under Tinubu
Nigeria has risen to become the third-largest debtor to the World Bank's International Development Association (IDA) as of June 30, 2024, owing to a...
ID4D: World Bank Restructures $430 million Project to Secure Financing after Nigeria Misses Deadline
The World Bank has announced that it is reorganizing Nigeria's Digital Identification for Development (ID4D) initiative to ensure that the $430 million pledged by...
Naira drops on the official market despite Cardoso’s market optimism
Under growing pressure from the U.S. dollar index, the naira softened by 71 basis points in the official market, indicating improved stability in the...
World Bank pays $45.5 million for the ID4D project in Nigeria despite data security worries
The National Identity Management Commission (NIMC) has received $45.5 million from the World Bank thus far as part of the Digital Identification for Development...
TRCN Issues Warning of ‘Naming and Shaming’ to Uncover Unqualified Teachers
The registrar of the Teachers Registration Council of Nigeria (TRCN), Josiah Ajiboye emphasized the urgent need to tackle the issue of unqualified teachers in...
