The World Bank has approved the sum of $500m Federal Government loan request to help Nigeria drive women’s empowerment. In a statement released, the World...
Ukrainian soldier carries a portable anti-aircraft missile system in the area of the heaviest battles with Russian forces in Bakhmut, Donetsk region, Ukraine, on March 15,...
A global economic downturn will hit poorest countries hardest Projected global growth rate of 1.7 percent is third-weakest annual expansion in three decades after 2008 and...
Nigeria’s economic growth will slow down next year, a World Bank report said. According to the report released in Washington yesterday, October 4, and tagged Africa’s...
The World Bank has raised an alarm that Nigeria might be facing an existential threat due to its dwindling economy. The international financial institution opines that...
The World Bank says Nigeria has so far borrowed $3.121 billion (?1,126.68 trillion at USD/?361), from China as at March 2020, an amount which represents only...
The World Bank has blacklisted 18 Nigerian companies and individuals for engaging in corrupt practices, fraud, and collusive practices in its 2021 fiscal year. A list of...
The World Bank listed Nigeria among the top 10 countries with high debt risk exposure. This was revealed in the financial statement for International Development...
Nigeria’s loans from the World Bank and the African Development Bank rose from $7.14bn to $14.25bn between June 30, 2015 and March 31, 2021, according to...
Global financial body, The World Bank has revealed that 74 per cent of power users in Nigeria are have less than 12 hour supply of electricity...
The World Bank (WB) has predicted that Nigeria’s current recession might last for three years unless the current reforms is sustained and the right mix of policy...
The World Bank is delaying approval of Nigeria’s request for a $1.5 billion loan due to concerns over desired reforms, Reuters reports. Unidentified sources told...
The World Bank has approved a $750 million loan to the Federal government which is to be used to improve electricity supply in the country. ...
The World Bank has disclosed that about 87% of all the poor people in Nigeria are from the northern region of the country. The South-South region...
The World Bank in its 2019 Nigeria Economic Update Report which was released on Monday Decemeber 2, warned that Nigeria might be home to 25 per cent...