Tag: World Bank
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Nigeria To Get Fresh $1.57bn Support Fund From World Bank
The World Bank has given the approval for a total of $1.57bn to enable Nigeria strengthen human capital through better health for women, children,...
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...
