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World Bank Group pays NPA working visit, confers with Hadiza Bala Usman

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman (2nd left); Practice Manager, World Bank, Benedict Eijbergen (left); Senior Transport Spec., World Bank, Olatunji Ahmed (2nd right) and the Technical Assistant to the MD, Dr. Abubakar Dantsoho…

W/Bank sees world oil price rising to $60 early next year as producers maintain cuts

World Bank forecast team has said that global oil prices, currently backed by production cutbacks by the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC states, will allow markets to gradually rebalance and steady at $60 by next year….

Nigeria, S/Africa on gradual recovery, weak in per capita terms—W/bank

Barely two day after the International Monetary Fund (IMF) saw light at the end of Nigeria’s recession exit tunnel, the World Bank, on Wednesday released new report, saying sub-Saharan Africa is projected to recover to 2.6 per cent in 2017…

World Bank plans to inject $200m into Nigeria’s Agric sector to boost livestock

The World Bank has concluded plans to pump about $200m into Nigeria’s agricultural sector to revitalise the livestock sub-sector. World Bank FADAMA Team Leader, Dr Adetunji Oredipe, revealed on Wednesday that the bank was working in tandem with the Federal…

Why Edo was privileged to access World Bank loan in Africa – Obaseki

Governor Godwin Obaseki of Edo State has explained the reason behind a hitch-free access of World Bank facility in a record time, saying the state’s outstanding profile of debt structure in Nigeria did the magic after all. While chiding the…

Finance Minister explains why FG went for World Bank, AfDB, dumping IMF

Minister of Finance, Mrs. Kemi Adeosun has given more reasons why the federal government preferred the borrowing plan of the World Bank and African Development Bank than the International Monetary Fund (IMF). She revealed that she has had an interesting…