Category Archives: World Bank

Africa Re gets World Bank commendation on risk management

By Favour Nnabugwu wold bank THE World Bank’s Global Index Insurance Facility (GIIF) has commended Africa Reinsurance Corporation (Africa Re) for educating over  six million people on risk management The commendation was given at a programme titled, ‘An Innovative Tool for Risk Management and Resilience Building’, in commemoration of the European Development Day in Brussels, Belgium, where […]

Flood Control: Akwa Ibom gets N32bn from World Bank

The Akwa Ibom Government says the World Bank has earmarked the sum of N32 billion to tackling flood in the state. World-Bank-President, Jim Yong Kim The state’s Commissioner for Environment and Mineral Resources, Dr Iniobong Essien, who disclosed to newsmen on Sunday in Uyo, said that the project would be executed in partnership with the […]

World Bank approves $611m credit for out-of-school programme

The World Bank has approved a credit of 611 million dollars to support Nigeria in bringing back out-of-school children into the classrooms. The bank also approved a 350 million dollars credit for Kaduna State Economic Transformation Programme, which focuses on enhancing private sector investment in Kaduna State. The Head of Communications, World Bank, Nigeria, Mrs […]