Voice Air Media Ekiti state and other five states of Nigeria will benefit from the fresh 700 million dollars loan approved for the country by the word bank. The loan according to information is...
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2 Minutes
2 Minutes
World Bank: Niger coup pressures food markets in West Africa
The World Bank says the coup d’état in Niger may put additional pressure on Nigeria and other West African nations’ food markets. According to the global bank, “The Nigerien coup d’état puts an...
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2 Minutes
World Bank links Lagos building collapses to poor regulation— Report
The World Bank has attributed the frequent building collapse in Lagos State to gaps and loopholes in the permitting process and the use of unqualified professionals in the design and construction of buildings. ...
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2 Minutes
World Bank Okays Fresh $500 Million Loan For Nigeria
VOICE AIR MEDIA News Update THE World Bank has approved a fresh $500 million loan for Nigeria to help improve the livelihood of women in Nigeria. Disclosing this in a statement, the World Bank...
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2 Minutes
World Bank offers Nigeria forex rate advice, as President-elect eyes N200/per Dollar
VOICE AIR MEDIA News Update THE World Bank has recommended a single foreign exchange (Forex) market, urging Nigeria to do away with its multiple forex markets. In its latest ‘Macro Poverty Outlook for Nigeria:...
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1 Minute
Naira redesign will affect the poor and SMEs – World Bank reveals
VOICE AIR MEDIA The World Bank has raised an alarm about the negative effect the Naira redesign will have on Nigeria’s economic activity. In a new report titled “Nigeria Development Update”, the international financial...
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2 Minutes
Ministry of Finance seeks N3.9bn World Bank loan to purchase paper, staplers, others
The Ministry of Finance, Budget and National Planning has asked for N3,942 billion, about $8.92 million, from the World Bank to get 21 items, which includes stationery, office furniture, office supplies, equipment and vehicles....
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2 Minutes
World Bank ready to help Nigeria phase out subsidies
The World Bank Group President, David Malpass, has said that the bank is ready to support Nigeria in phasing out regressive fuel subsidies while increasing social assistance for the poor and vulnerable. He also...
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1 Minute
Nigerian firm, MD suspended for bribery –World Bank presides
The WORLD BANK has sanctioned SoftTech IT Solutions and Services Ltd., a Nigerian information technology solutions company, and its Managing Director, Mr Isah Kantigi, for alleged corrupt practices. The firm, which...
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3 Minutes
2022: Poor Nigerians to hit 95.1m – World Bank
THE World Bank has said that poverty reduction stagnated since 2015, with more Nigerians falling below the poverty line over the years. The President, Major General Muhammadu Buhari (retd.), was first...
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