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World Bank approves $500 million to support Nigeria’s electricity distribution sector

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By Audrey Lotechukwu FRI 05 FEB, 2021-theGBJournal- The World Bank has approved $500 million to support the Nigeria Government in improving its electricity distribution sector. The...

Growth in Nigeria is expected to resume at 1.1% in 2021,...

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By Azuka Christopher WED 06 JAN, 2021-theGBJournal- Growth in Nigeria is expected to resume at 1.1% in 2021,  markedly weaker than previous projections-and edge up...

After its doom and gloom view for Nigeria, the World Bank...

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By Charles Ike-Okoh FRI, 11 DEC, 2020-theGBJournal- The World Bank has never been gloomier about Nigeria’s prospect than they were in their latest (December 2020)...

AfDB, 11 leading Multilateral Development Banks, IMF launch first joint report...

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"To accelerate Africa's development, we will continue joining investment hands across the globe" – Adesina FRI, 11 DEC, 2020-theGBJournal- The African Development Bank (www.AfDB.org) joined...

FG to access $750 million World Bank loan to stimulate state...

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FRI, 20 NOV, 2020-theGBJournal-The Honourable Minister of Finance, Budget and National Planning, Mrs. Zainab  Shamsuna Ahmed, has revealed that the Federal Government is in...

Nigeria still in dire basic water deficit, only 9 per cent...

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By Charles Ike-Okoh THUR, 12 NOV, 2020-theGBJournal- Only 9 per cent of the population have access to complete basic water, sanitation, and hygiene (WASH) services...

Except for Nigeria, new data shows remittances actually grew 9% Y-o-Y...

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By Charles Ike-Okoh THUR, 12 NOV, 2020-theGBJournal- The latest EFG HERMES note shows that remittances displayed very similar trends across the board in data for...

A stronger private sector could boost Nigeria’s economic growth, IFC/World Bank...

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SAT, 24 OCT, 2020-theGBJournal-A new report from IFC and the World Bank focused on the health of Nigeria’s economy finds that a broader private...

Vice President Osinbajo launches World Education Week with call for universal...

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MON, 05 OCT, 2020-theGBJournal-His Excellency, Professor Yemi Osinbajo San GCON, the Vice President of the Federal Republic of Nigeria, Sunday launched the ambitious World...

World Bank sets ambitious targets for Green and Resilent Economic Growth...

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Plan will be rolled out amid the COVID-19 pandemic, recognizing that climate action and green recovery will be key priorities as countries work to...