World Bank

The World Bank has commenced payment of the $800m approved for the National Social Safety Net Program-Scale Up. Newsmen on Wednesday learnt that the bank has disbursed about $299.99 million to Nigeria under the National Social Safety Net Programme-Scale Up approved by the World Bank on December 16, 2021. Documents obtained from the World Bank […]

President Bola Tinubu on Tuesday launched the Renewed Hope Conditional Cash Transfer for 15 million households.   The event, which coincided with the World Poverty Eradication Day, was held at the Press Gallery of the State House in Abuja.   The Secretary to the Government of the Federation, George Akume represented the President at the […]

The World Bank has halted approval for new public finance projects in Uganda over the country’s adoption earlier this year of a widely criticised bill criminalising same-sex conduct.   “Uganda’s Anti-Homosexuality Act fundamentally contradicts the World Bank Group’s values,” the development lender said in a statement Tuesday, adding that “no new public financing,” would be […]


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