The World Bank’s verdict on Nigeria’s poverty level has attracted widespread outcry, with some interest groups demanding urgent action to avoid a poverty-induced economic meltdown. The...
The World Bank has expressed concern over Nigeria’s poor statistical performance, noting that the country lags behind its aspirational peers such as Mexico, Colombia, South Africa...
The Federal Government is engaging the World Bank for two fresh loans totalling $580m, which are expected to be approved in March 2025, according to findings...
A statement by the Washington-based bank said the sanction follows findings of fraudulent, collusive and corrupt practices connected to the National Social Safety Nets Project in...
The World Bank has urged Nigerians to support the ongoing economic reforms, warning that opposing or reversing them could have serious negative consequences for the country....
The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. According to a statement released on Monday, the approval is to...
The Federal Government is set to receive around $2.2 billion single-digit interest loan from the World bank and another budget support facility from the African Development...
Human rights activist, Femi Falana (SAN), has cautioned the Federal Government to reject the offers of the International Monetary Fund (IMF) and the World Bank. Falana...
The World Bank has estimated that improved access to internet coverage over three years led to a seven per cent reduction in extreme poverty in Nigeria...
The World Bank has reported that approximately 99.9% of targeted poor and vulnerable households are yet to receive the Federal Government’s recently announced N25,000 per month...