…Forum, in collaboration with the Nigeria Centre for Disease Control and Prevention, the World Bank, and Resolve to Save Lives Nigeria, has unveiled a Health Security Scorecard to strengthen the monitoring of states’ preparedness for infectious disease outbreaks and other public health emergencies. The scorecard was unv…
…to activate state-level Ease of Doing Business Councils and link states to a $750m World Bank facility under the State Action Business Environment Reform Programme. However, Audu acknowledged that informal sector businesses remained grossly underserved. “We are not doing enough for them. It is an area of concern for me…
…than Nigeria spends on education, health, and agriculture combined. Most recently, the World Bank warned that despite recent reforms, 79% of Nigerians remain poor or vulnerable to falling into poverty. According to the General Assembly, the National Bureau of Statistics also reported a June headline inflation rate of 1…
…within the broader Washington Consensus that shaped International Monetary Fund IMF and World Bank lending conditions across Africa in the 1980s. He noted that Nigeria “continues to confront many of the structural challenges that SAP was intended to address—dependence on crude oil, weak industrialisation, unemployment,…
…into poverty, highlighting the country’s deepening social and economic challenges, new World Bank documents obtained by The PUNCH have shown. The findings are contained in the World Bank’s newly approved Country Partnership Framework for Nigeria, covering 2026 to 2032, and its accompanying Streamlined Country Diagnosti…
The World Bank Group and Visa Foundation are supporting women-led small businesses across emerging markets through a programme focused on improving access to finance, digital tools, business training and stronger financial ecosystems. The partnership, which initially targets India, South Africa, Nigeria, Colombia and M…
…African Union, ECOWAS, the United States, the United Kingdom, the European Union, the World Bank and the International Monetary Fund. Matthew maintained that he was prepared to provide documentary evidence and fully cooperate with investigators once such an independent panel was constituted. “The moment this independen…
The First Lady, Senator Oluremi Tinubu, on Monday told a World Bank delegation that the Federal Government would establish a properly structured school feeding programme before the end of President Bola Tinubu’s tenure. She said the President had been passionate about the initiative since his days as Governor of Lagos…
…every single Nigerian,” she said. She said NIMC is working with partners under the World Bank-supported Identification for Development (ID4D) project to accelerate enrolment nationwide. “What we have done is we have partnered through the World Bank ID4D project with front-end partners. They are part of the digital iden…
…of Nigerian youth possess the basic digital skills required for the modern workforce (World Bank, 2020). This is not a skills gap; it is a skills canyon. And the consequences of inaction are already visible in the frustration, migration, and lost potential of millions of young Nigerians. Our recent digital skills sessi…
…Integrity, CCDI to ECOSOC/United Nations and Chairman, CSO-African Countries Group of World Bank, Civil Society Policy Forum (CSPF). The post Makinde is bequeathing enduring legacies to Oyo State — Aduwo appeared first on Tribune Online.
…build stronger and more thriving civil societies.” The report comes months after the World Bank estimated that about 140 million Nigerians were living below the poverty line in 2025, highlighting the contrast between widespread economic hardship and the country’s strong culture of giving. Nigerians and others react to…
…cent of the working-age population is employed in the formal sectors, according to the World Bank. Perhaps, they would have to "sell akara, roasted corn and kuli-kuli" to eke out a living, as President Tinubu's wife recently counselled the jobless. But NELFUND's shortsightedness apart, the scheme is beset by maladminis…
…was the amount that flowed into Sub-Saharan Africa as remittances in 2024, according to World Bank estimates. Yet, moving money across Africa still often means routing payments through correspondent banks, delays, foreign exchange (FX) costs, and fees that can reach double digits. Ryan Kirkley, co-founder and chief exe…
President Bola Tinubu's administration has secured $11.40bn in loan approvals from the World Bank in just about three years, putting it on course to surpass the total amount approved under former President Muhammadu Buhari's eight-year administration, an analysis of data obtained by The PUNCH from the World Bank has sh…
…striking given Nigeria's environmental commitments. The country belongs to the World Bank's Global Gas Flaring Reduction Partnership, has pledged to end routine gas flaring, and participates in international methane reduction initiatives aimed at slowing global warming. Methane occupies a unique place in climate scienc…
The World Bank has confirmed that Anambra State did not express interest in participating in its 2024 HOPE-Governance Programme, contrary to reports alleging that the state was denied the loan facility for failing to meet performance benchmarks. According to the World Bank's Implementation Status and Results Report on…
The World Bank has said Nigeria’s biggest fiscal challenge is weak revenue mobilisation rather than excessive borrowing, urging the government to prioritise efforts to boost revenue generation to support sustainable economic growth. Speaking during an interview on Channels Television on Friday, the World Bank Country D…
…Nigeria Electrification Programme (NEP), as part of interventions advancing under the World Bank-supported Distributed Access through Renewable Energy Scale-up (DARES) initiative. The project was developed by Husk Power Systems and became operational in January, 2025. For residents here, however, the transformation is…
…as a statutory objective aligns Nigerian law with international frameworks such as the World Bank’s Identification for Development (ID4D) initiative and the Principles on Identification for Sustainable Development," the law stated. From identity cards to digital identity A major weakness of the 2007 law was its relianc…
…reforms heal the macro-economy, the REA backed by funding partners such as the World Bank and the African Development Bank (AfDB) is winning the war on the ground, ensuring that no Nigerian is left behind in reaping democratic dividends in the power sector. Among the profound impacts of the REA is the financial and ope…
…The report cited a recent debt swap arrangement in Côte d'Ivoire, supported by a World Bank policy-based guarantee, as an example of how lower borrowing costs can free up resources for development priorities. More insights UNCTAD said the potential savings from lower debt-servicing costs could dramatically expand inves…
…bond to settle verified legacy debts. The Rural Electrification Agency, supported by the World Bank and the African Development Bank, has deployed off-grid and mini-grid power to underserved communities, universities, markets, and hospitals. Electricity is a democratic dividend we owe every Nigerian. We intend to deliv…
…economies where correspondent banking remains costly and fragmented. According to the World Bank, sending $200 to Sub-Saharan Africa costs an average of about 7.7% of the transaction value, making it the world’s most expensive remittance corridor and well above the UN Sustainable Development Goal target of 3%. This cre…
…otherwise not qualify for. That is why we call it more than a phone." According to the World Bank, only about a quarter of adults in low-income economies, including many African countries, used formal credit in 2024, while 35% relied on informal borrowing from family and friends, with business borrowing remaining infor…