The World Bank President, Ajay Banga, has warned that without deliberate and coordinated global action, the growing population of young people could become a source of...
The International Monetary Fund has revealed that Nigeria is not among Africa’s fastest-growing economies, as countries such as Benin Republic, Côte d’Ivoire, Ethiopia, Rwanda, and Uganda...
The World Bank said seventeen African governments have committed to reforms and actionable plans to expand electricity access as part of Mission 300, an ambitious partnership...
The Nasarawa State Government on Monday commenced the World Bank’s Adolescent Girls Initiative For Learning And Empowerment project, aimed at improving 490 public secondary schools across...
The World Bank has listed Nigeria among 39 countries where poverty and hunger are deepening as a result of conflict and instability. In a report released...
Nigeria’s total public debt rose to N149.39 trillion as of March 31, 2025, according to the latest data released by the Debt Management Office (DMO). The...
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...