The World Bank confirmed on Wednesday that Ajay Banga would be its next president, handing him the reins at a pivotal time as it looks to...
The Debt Management Office, DMO, has said that Nigeria’s $13.46 billion World Bank loan is a plus because the loans which came from the international Development...
The World Bank has called on Nigeria to adopt measures that will enhance the economic benefits of the increasing wave of people migrating out of the...
The World Bank has revealed that Nigeria used 96.3 per cent of its revenue generated in 2022 to service debt, saying that the constant fiscal deficit...
The World Bank Group, WBG, has given a long list of challenges that need to be addressed in the immediate term by the new leadership of...
The World Bank announced on Wednesday a grant of $200 million toward repairing Ukraine’s energy infrastructure, as officials from the war-torn country met with financial institution...
The World Bank has said that the incoming administration in Nigeria will face weak economic growth and policy challenges this year. In its latest Africa’s Pulse...
Equal treatment of women in countries across the world has slumped to a 20-year low, constituting a potential impediment to economic growth. A new World Bank...
A resurgence of the COVID-19 pandemic and escalating geopolitical tensions could push the global economy into recession. If this happens, it would mark the first time...
The World Bank Group has said that the estimated per capita income growth of 0.7 per cent for Nigeria and the rest of Sub-Saharan Africa in...