World Bank Newswire

World Bank’s Call For NNPCL Audit Raises Questions On Nigeria’s Sovereignty

The World Bank’s recent call for a forensic audit of the Nigerian National Petroleum Company Limited (NNPCL) has sparked debate over the institution’s role in Nigeria’s economic affairs. While the Bank cites concerns over transparency and accountability, …

Sovereign signs power MOU as World Bank backs Malawi’s hydropower expansion

Sovereign Metals Limited has signed a non-binding Memorandum of Understanding (MOU) with the Electricity Supply Corporation of Malawi (ESCOM) to secure long-term grid power for its Kasiya Rutile-Graphite Project. The agreement outlines a strategic workplan …

Poor infrastructure deepens Nigeria’s food insecurity – World Bank

Poor road infrastructure across the country is significantly driving up transportation costs and deepening food insecurity in Africa’s most populous country, according to a new report by the World Bank. The report titled ‘Transport Connectivity for Food …

World Bank-Backed SWEDD Achieves 81% Fund Utilization After 66% Budget Cut

(Business in Cameroon) - The Sahel Women’s Empowerment and Demographic Dividend Project (SWEDD), supported by the World Bank, wrapped up in December 2024, utilizing 81% of its credit. This execution rate was achieved despite a major budget overhaul that …

World Bank trains Nigerian journalists on sustainability reporting

The World Bank has trained 17 journalists on natural capital accounting (NCA) and sustainability reporting to help Nigeria monitor climate degradation. The training, which took place on Wednesday in Abuja, was aimed at equipping participants with the …

World Bank Urges Nations To Mobilize Private Capital For Economic Shift

(MENAFN- Trend News Agency) ALGIERS, Algeria, May 22. Diversification of funding sources, including by attracting private capital, is critical in a context of limited public resources and growing needs, Country Director for the Maghreb and Malta at the …

5 Differences Between World Bank and IMF

TEMPO.CO, Jakarta - Many people still equate the International Monetary Fund (IMF) with the World Bank because both are known as international institutions that provide loans to developing countries. In fact, these two institutions have different goals and …

World Bank supports coffee farmers in Chimbu

COFFEE farmers in Chimbu Province, last week, received new coffee machines, coffee seedlings, and farming equipment to help boost coffee production. The coffee pulpers, pruning tools, canvases, greenhouse nets, and coffee seedlings were funded by the World …

Half Of Nigerians Now Live in Poverty As Minimum Wage Lags Behind Inflation, Says World Bank

The World Bank has said that nearly half of Nigeria’s population is now living in poverty as inflation continues to outrun the purchasing power of the country's minimum wage. This was stated in the World Bank’s May 2025 Nigeria Development Update (NDU …

The World Bank and the path to devouring Syria’s assets

World Bank approves $200 million loan to help modernize Uzbekistan’s irrigation infrastructure.

The World Bank has approved a $200 million concessional credit to support Uzbekistan in modernizing its irrigation and drainage infrastructure and improving the quality of irrigation service delivery. The project aims to reduce water losses and increase …

World Bank denies owing $50 million to companies in Afghanistan

World Bank on glass building. Mirrored sky and city modern facade. Global capital, business, finance, economy, banking and money concept 3D rendering illustration.The World Bank denied claims that it owes $50 million to companies in Afghanistan, stating it …

Nigeria ranks 146 out of 191 countries on GDP per capita – World Bank

The World Bank said Nigeria, with an annual GDP per capita of $6,207 in current international dollars, ranks 146 out of 191 countries. The bank, in its May 2025 edition of Nigeria Development Update (NDU), launched last week in Abuja, said Nigeria’s annual …

World Bank approves $200mn credit to modernize Uzbekistan’s irrigation infrastructure 

The World Bank has approved a $200mn concessional credit to support Uzbekistan in modernizing its irrigation and drainage infrastructure and improving the quality of irrigation service delivery.  Source: Daryo  The government of Uzbekistan will contribute …

World Bank outlines challenges related to women employment

Bhutan’s employment support programs face gaps in addressing some of the challenges related to the activation of women RENUKA RAI Thimphu Bhutan’s labor remains predominantly employed in the low productivity agriculture sector and the public sector. …

The World Bank’s top 10 biggest debtors

There are 118 low- and middle-income countries (LMICs) that feed into the World Bank’s (WB) debt statistics, with almost half of the $437bn owed to the Washington DC-based multilateral lender coming from just 10 of them. India takes the top spot. The world …

US is moving to a 'faster growth model,' former World Bank president says

Nigeria records $2bn trade deficit in cereal — World Bank report

The World Bank yesterday said Nigeria recorded a $2 billion trade deficit in cereal in 2023. The World Bank disclosed this in a Report titled: “Transport connectivity for food security in Africa, Strengthening supply chains”.   The report, which examines …

MPs head to Naivasha for deliberate climate talks backed by treasury and World Bank

NAIVASHA, Kenya — With floods, droughts and extreme weather becoming more frequent across the country, Kenyan lawmakers are gathering in Naivasha this week to sharpen their role in responding to the climate crisis. The five-day workshop, set to begin on …

Entire Hamlet for Sale in Southern France with 17 Homes and Amazing Views

Rare on the Market - An Entire Private Hamlet of 17 Renovated Homes with Panoramic Views and a Swimming Pool for Sale in Southern France. LONDON, UNITED KINGDOM, May 22, 2025 /⁨EINPresswire.com⁩/ -- In the foothills of the Cévennes, near the …

The Return of a Forgotten Master: Michael Henry Harrison Reappraised

The Story and Works of Michael Henry Harrison Come to Light in New Book and Exhibition BROADWAY, WORCESTERSHIRE, UNITED KINGDOM, May 22, 2025 /⁨EINPresswire.com⁩/ -- A powerful new book and exhibition are set to honour the life and legacy of the …

MULTI-PLATINUM RECORD PRODUCER JOEL DIAMOND REFLECTS ON DON HEWITT’S '60 MINUTES'

Says Long Time Neighbor Joel Diamond NEW YORK, NY, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Now, in 2025, 60 Minutes finds itself once again at the center of national headlines, this time with the resignations of Executive Producer Bill …

Clear Swipe Launches to Eliminate the Silent Profit Killer for U.S. Businesses—Card Processing Fees

Helping businesses eliminate card processing fees and reclaim profits with dual pricing solutions tailored to their needs—no one-size-fits-all approach. PHOENIX, AZ, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- In an era where inflation, …

Jason Ruedy, The Home Loan Arranger Sees Surge in Homeowners Refinancing and Consolidating First & Second Mortgages

Jason Ruedy, Denver, CO, has noted a growing trend among homeowners who are merging their first and second mortgages in response to declining interest rates DENVER, CO, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Jason Ruedy, Denver, CO - …

Jason Ruedy, Notes Record Surge in Credit Card Debt, Urges Homeowners to Utilize Home Equity for Relief

Jason Ruedy, Mortgage Expert notes a record surge in credit card debt, now at $125 billion, prompting many homeowners to tap into their home equity for relief DENVER, CO, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Jason Ruedy, Denver, CO …

Celestial Systems Announces Immediate Availability of Azure Managed Redis Implementation Services

Unlock the latest Redis innovations with Azure Managed Redis for seamless AI application development CANADA, May 22, 2025 /⁨EINPresswire.com⁩/ -- Celestial Systems Inc., a global provider of cutting-edge technology solutions for Fortune 500 …

Streamlining Receivables: Outsourced Accounts Receivable Services Empower New Jersey Businesses

Outsourced accounts receivable services boost cash flow and efficiency for New Jersey businesses with expert management. MIAMI, FL, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Advanced techniques to handle revenue sources beyond standard …

Bits In Glass Recognized as Winner of Boomi’s 2025 AI Agent Hackathon

Bits In Glass wins Boomi’s AI Agent Hackathon for its innovative Invoice Assistant, an AI agent that automates invoice handling. EDMONTON, AB, CANADA, May 22, 2025 /⁨EINPresswire.com⁩/ -- Bits In Glass (BIG), a trusted global boutique automation …

The Union Bank Company backs local nonprofits

Bank donations aid Ohio organizations addressing key social needs COLUMBUS, OH, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- In line with its mission to strengthen the communities it serves, The Union Bank Company announced more than $8, …

Lyzr Secures Spot in NVIDIA Inception Program to Enhance Enterprise AI Solutions

NEW JERSEY, NJ, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Lyzr AI, a leading low-code agent infrastructure platform, has been accepted into the NVIDIA Inception Program an initiative designed to support technology startups innovating …

The Boutique: How to Start, Scale, and Sell a Professional Services Firm Surpasses 10,000 Copies Sold on Amazon

Milestone Marks a Testament to the Growing Influence of Collective 54’s Proven Framework for Scaling Professional Services Firms DALLAS, TX, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- The Boutique: How to Start, Scale, and Sell a …

R&D Paving Elevates Industry Standards with Regional Expansion and Infrastructure-Ready Capabilities

R&D Paving Elevates Industry Standards with Regional Expansion and Infrastructure-Ready Capabilities SUCCASUNNA, NJ, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- R&D Paving, a trusted paving contractor based in Northern New Jersey, …

The AI Networking Summit in Dallas Explores the Future of Enterprise AI

The AI Networking Summit Dallas is set to commence on May 28-29, 2025, at the Hyatt @ Reunion Tower. NAPLES, FL, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- The AI Networking Summit Dallas is set to commence on May 28-29, 2025, at the …

Sotheby’s Concierge Auctions: Bidding Opens at US$6M For Rustic Luxury Estate in Florida’s Premier Sporting Community

Auction closes live 29 May at Sotheby’s London’s ‘Exceptional Global Properties’ sale NEW YORK, NY, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Today, Sotheby’s Concierge Auctions announced that bidding has opened for PineHaven Sporting …

2025 TITAN Women In Business Awards Celebrates Leadership, Achievement, and Business Excellence for Season 1

The TITAN Women In Business Awards has announced Season 1 winners for 2025, recognizing outstanding women leadership, strategic vision, and business excellence. NEW YORK, NY, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- The TITAN Women In …

Randolph Love III Delivers Game-Changing Talk on Wealth, Legacy, and Tax Strategy at Booker T Washington Economic Summit

Randolph Love III delivers a powerful keynote on legacy, tax strategy, and generational wealth at the 28th Annual BTW Summit at Tuskegee University. TUSKEGEE, FL, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- At the 28th Annual Booker T. …

Longevity and Mortality Markets Expect Continued Growth According to Life ILS Conference 2025

Industry leaders see strong growth opportunities ahead at Europe’s leading longevity and mortality market event, Life ILS Conference 2025. LONDON, LONDON, UNITED KINGDOM, May 22, 2025 /⁨EINPresswire.com⁩/ -- Industry leaders in the longevity and …

Wall Street Veteran Bill Haase Debuts Book to Tackle Financial Stress and Overspending

"Our Mindset On Money" - new book by Wall Street veteran Bill Haase unpacks the psychology behind overspending— and how to take back control. CHICAGO, IL, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- America is drowning in debt, …

Stonehill Speak at Higher Education Shared Services & Outsourcing Week Conference

FL, UNITED STATES, May 22, 2025 /⁨EINPresswire.com⁩/ -- Stonehill is excited to announce that Andi Milan will be a featured speaker at the upcoming Higher Education Shared Services & Outsourcing Week Conference. The event brings together …